Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

When the terminology in the bank, monoline bank as you say, to us that means sectoral concentration, which is one of the areas, as you know, where the red lights go on, and were you aware that the regulator was concerned about concentrating in one sector and concentrating on a very small number of borrowers? Was that not a risky strategy?

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