Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Mr. Beausang, I'm going to pull this back because you're going into a lot of process. The fundamental question here that Senator D'Arcy asked you is that there was a 30% year-on-year growth in the banks in this country. There was, by any modest examination, quite a significant growth in the banking sector in this country and is your testimony to this inquiry today that you and your Department were not aware of that?

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