Oireachtas Joint and Select Committees
Wednesday, 10 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ms Mary O'Dea:
The issue of credit growth definitely was discussed. The issue of credit growth was discussed several times. Eventually, there was the additional capital requirements, as you know, in relation to the CRD, that were brought in which were unfortunately too late and not sufficient enough and, of course, the issue of credit growth as I have already explained to you in my consumer role, led to the particular actions we took there.