Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

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

He said he didn't have the power, but he didn't, yes. My final question is in relation to aggregate debtor concentrations across the banking sector because the Central Bank didn't pick up on these prior to the crisis. So, was this due to information deficiencies in the Central Bank's management information centre, is it due to a lack of regular monitoring and do you now have the systems in place so that you could pick up on these large exposures, these debtor connections?

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