Oireachtas Joint and Select Committees

Wednesday, 17 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. David Doyle:

114, yes. "In [an] extreme stress case analysis the total writeoffs ... would just deplete most of INBS reserves of €1.8 billion." Now, the other document talks about "on some assumptions INBS could be 2bn after capital". Now that ... after capital is their reserves are wiped out and another €2 billion is required. So-----

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