Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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It's not really on the remuneration issue I'm talking to you, Mr. Sheehy, it would be in regard to the concentrations in property sector lending this is a sustainable business model was there commentary on the board, like we've heard testimony from other witnesses here about what's called the "grow-fast model". Was people saying that we're now begin to mirroring the grow-fast model, that our concentration levels in particular sectors, particularly property, are maybe growing beyond what would be the traditional approach that we've taken? Was there any ... because our examination records are not indicating that, so maybe there's something that we're not seeing that you could tell us this morning that would demonstrate that these concerns were being expressed at AIB level ... at senior board level.