Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Richie Boucher:

Property and construction lending done within business banking Ireland. We had three divisions, three ... we had a fourth division, which is the fund management business, but three businesses involved in lending: our UK division, our corporate division, and our retail Ireland division. But property and construction lending below certain customer limits, between €10 million and €15 million, was a component of our business bank.