Oireachtas Joint and Select Committees

Wednesday, 17 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Okay. When the chairman of the regulator, Mr. Patterson, was before us, on page 111 of his transcript, excuse me, he said that the sector concentration limits were relaxed in the 1990s to attract one particular large foreign bank, and as a result the limits were then relaxed for everyone.

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