Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Michael Fingleton:

No, no. It never was. Nothing was ever attached to the loans, the profits. That ... all bonuses in relation to any individual other than the branch managers, were incentivised to secure targeted home loans ... were based on the performance of the society solely, not on any targets or anything like that.

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