Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Okay. Thank you. Just then, related to that but slightly moving aside, is the stress testing that would have happened then, as you embark on this new strategy or you see the wholesale markets and the potential that they offer. What kind of testing were you doing against this new source of funding in case of a downturn, in case the markets were then closed to you - a particular market abroad or the Irish market here or whatever might happen?

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