Oireachtas Joint and Select Committees
Wednesday, 29 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Alan Merriman:
Would have met them in different contexts. So, EBS would have been quite good at what I'd call being proactive and sharing with the regulator our strategy. So there definitely would have been, I would guess, at least annual meetings, where we would've updated on, you know, "Here's how the performance was this year. Here's where we've made progress. Here's what the strategy is. Here's what our challenges are." So those type of meetings certainly did happen in normal times as well as in stressed times. Discussions with a Pat Neary or a Con Horan would have happened on, I don't know, maybe on a twice-yearly basis there might be meetings where, again, at a strategic level, observations would be exchanged, etc.
No comments