Oireachtas Joint and Select Committees
Wednesday, 29 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Alan Merriman:
Well, look, it was ... again, I would, my recollection is; nothing was prescribed. They were clearly very interested in what we were doing ourselves to resolve strains and, and find ... additional means of getting collateral and access to funding, so there was intense interest in that. And when it came to the latter stages and what was going to happen to EBS and the realisation that EBS was very unlikely to be able to stay stand-alone, we would have been, I'd say, encouraged is the word I would use, to go and talk to particular banks about EBS potentially becoming part of those banks.
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