Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. The question wasn't that. The question was the ... again the point is that under the internal policies and procedures of Nationwide, the annual credit risk stress testing was required to be presented to the board. The question I had ... as a board member, as a senior member of the board, what were you doing to ensure that that happened, because they have found that this was not happening and this would have facilitated you, if it was happening, to assess better INBS's ability to withstand potential loan losses?

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