Oireachtas Joint and Select Committees

Thursday, 30 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Okay. And, whatever about breaching the bank's own internal credit policies or guidelines, the fact that the Central Bank had a single sector exposure limit of 200% of the bank's own funds, and Anglo's exposure to real estate business sector, was 588%. So-----

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