Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Michael Fingleton:

It certainly was within the parameters of the policy ... the lending policy of the society and our capacity to deal with it, because there was, as was pointed out by the Deputy here, there was a higher concentration in relation to customers than would probably normally be the case, although from the evidence produced to this committee from other institutions, it appears we weren't alone in the high concentration with particular individual borrowers. So it was within our capacity in volume terms, in number terms, to deal with all those-----

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