Oireachtas Joint and Select Committees
Wednesday, 16 December 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Credit Union Sector: Discussion (Resumed)
2:30 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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What is that risk-based rationale? I am well aware from previous statements and the knowledge we have of what is the average deposit in savings in credit unions but what is the risk-based rationale that the witness carried out within the bank that led to the belief that a cap of €100,000 was appropriate?