Oireachtas Joint and Select Committees

Thursday, 10 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Ajai Chopra:

Again, in my written statement I talk about what we understood to be the new Government’s position as it was preparing to announce the results of the asset quality review and the stress tests at the end of March, which was a programme requirement, and, in that context, the new Government was thinking about making a distinction between what it called the pillar banks and then Anglo and INBS. We thought that that made a great deal of sense.

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