Oireachtas Joint and Select Committees
Wednesday, 29 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Eugene Sheehy:
The property and construction was obviously a component of it but, you know ... so 43% of profits came from ROI, one quarter of them came from the Irish property book. No matter what way you look at it, it wouldn't have been significant enough in a weighting to drive the number significantly. I mean, we were actually growing faster throughout this period in capital markets and Poland than we were in Ireland.