Oireachtas Joint and Select Committees

Wednesday, 29 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Okay. And this is the one here; here you go, yes. In that correspondence, if you look at the top of the page, it says:

Fidelma Clarke outlined the basis of two proposals in relation to Treasury limits and programmes arising from the implementation of the Government Guarantee Scheme. Papers had been circulated prior to the meeting.

And it talks about the counterparty limits then. These are the institutions that EBS would be engaging with and there would be about €200 million put into, kind of, operation as a result. To any institutions listed there, amongst AIB and Bank of Ireland, or Irish Life and Permanent, the Irish Nationwide Building Society and Anglo, was there any concern at board level with regard to Irish Nationwide, to your mind, or Anglo, with regard to the EBS actually engaging with them?

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