Oireachtas Joint and Select Committees

Thursday, 5 October 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland (Resumed): Ulster Bank

9:30 am

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

Mr. Blair contends that the purpose of the GRG was to make businesses viable. The fact that only 5% of the 2,000 loans remained with the group suggests to me the GRG was an abject failure in that regard. If it was set up to try to make businesses viable and keep things going, it is clear that it did not.

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