Oireachtas Joint and Select Committees
Wednesday, 9 September 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Denis O'Connor:
-----and from branch to branch. But it is fair to say that if a plc was looking for a €100 million loan or €200 million loan, you'd have a lot of files and due diligence being carried out. Where developers were looking for that type of money, the quality of information available to the bank was not as strong or not as good.
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