Michael McGrath (Cork South Central, Fianna Fail)
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Okay. Senator O'Keeffe spoke about the issue of the concentration of lending in the hands of a relatively small number of debtors and the figures show that 63 debtors accounted for €45.5 billion in par debtor, 61% of the total; 145 debtors accounted for 78% of the total, or €58 billion. In your experience, having gone in and looked at these loans and the practices of lending by the banks, how did it arise that the debt could be concentrated in the hands of such a small number of borrowers?