Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Michael Fingleton:

On the basis of the increase in the deposit guarantee from €20,000 to €100,000, over 95% of our deposits were within those limits. Therefore, we would have been in a very good position if the guarantee didn't take place that night, maybe to survive better than some of the banks that were guaranteed. On that basis. Our book wouldn't be targeted----

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