Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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Okay, thank you. I just want to deal with one matter before I bring in Deputy O'Keeffe. Just one particular matter with regards to the financial stability round-table discussions that took place with the Governor of the Central Bank and with the banks themselves, and that's to do with the aggregate lending exposure of the banks. Deputy O'Donnell touched on this, and I touched on it earlier when I was speaking to you as well. Was there dialogue taking place regarding the change in funding of banks and the concentration of bank lending on the property sector at these meetings?