Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Well, the Irish Nationwide had capital of just in excess of €2 billion, so it wouldn't necessarily be insolvent under that, but you would need to take it back up to the capital regulatory capital requirement. Wouldn't that be the case?

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