Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brendan McDonagh:

As effectively all the lending was ... it was very unusual structure of lending. It was not just lending to hotels. There was, within the same loan, there was land lending, there was hotel lending, there was office lending, so it was very hard to disaggregate it out in the way that you requested.