Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Neary:

The conditions were invoked because the liquidity requirements and the impaired loans requirements were imposed on all banks by way of condition ... I can't recall any other instances where there were directions given. And in the ratios I suppose, the ratio ... those reflected the fact that the capital ratios, large exposures limits and that, were set I suppose, under the ratios power.

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