Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Tony Grimes:
They were, but it was part of their normal operation. I said earlier, I think, also that we in the Central Bank are responsible for the provision of liquidity to domestic institutions on behalf of the ECB. So that involved, you know, auctions of liquidity in normal times every week and every month. As the crisis enveloped it was much more frequent in practice. So the people in what we call our financial markets department, of which I was head at one stage, they would have been in constant touch with each of the banks. Not just the six domestic banks we are speaking of here, but the 30 or 40 banks which were-----