Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Dermot McCarthy:
When the bank representatives came in, they certainly did reference the extreme difficulty in securing funding on other than very short-term bases. My ... I'm not sure that I recall that they referenced the outflow of deposits but, certainly, the difficulties which they were experiencing as well as, if you like, the implications of the difficulties of others was certainly raised in the discussion.
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