Oireachtas Joint and Select Committees

Thursday, 9 May 2019

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

Matters Relating to the Banking Sector (Resumed): Ulster Bank

Mr. Paul Stanley:

I would accept that it is reflective of bad credit decisions on behalf of banks in exceptional economic circumstances that had seen property values drop by 55%.

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