Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

It would have been better. Okay. Good. Can I ask, during the period 2003 to 2006 the society's loan book trebled from €3.4 billion to €10.7 billion, in your opinion, was the growth rate prudent and sustainable, particularly in light of the acknowledged fact, it seems, that the society did not have either "a highly developed approach to risk assessment or a sophisticated management information system"?

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