Oireachtas Joint and Select Committees
Wednesday, 10 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Cyril Roux:
Well, we monitor very closely and, at some point, will say, "Well, you're off and you need more capital." So, you know ... or, you're ... you know, at some point we can say, "You're not viable", you know. "You're not returning to profitability, you're not viable. You said you would get this net interest margin of this and that and you are not there, and you are far from it. You're not returning to profitability." And then, you know, at some point you make the decision, "Are you likely to fail, because you haven't proven that you have the path to return to profitability?" So, you have to be very careful of what you wish for.
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