Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael) | Oireachtas source

If I could just clarify, please, because I put both ... this question to both gentlemen earlier today.

I am speaking in relation to the change of lending policy in December '07 where the board previously had approval of €1 million-plus loans and subsequent to that the board no longer had approval of it, that it went to the board ... the commercial loan applications ... the board no longer required consent. You are aware of that?

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