Results 5,181-5,200 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay. But was this seen as a concern or was it seen as something that needed to be attended to, or was it something that was seen that required an action, either by your side of the house or by the banks themselves?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: And in regard to any difficulties that might arise coming down the lines Mr. Grimes, was there any consideration given to the shock absorption capacity of the banks in that regard, how would they deal with it if it were to happen?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: And was that on your radar or on the bank's radar?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: That was the banks' analysis and views. What was the Central Bank's analysis and view?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: And what action did you take upon highlighting this as a difficulty, what action was then taken by the Central Bank?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: No, but I actually ... we can talk about contingency and measures and all the rest, but there was, you were saying this morning that there was a concern by the Central Bank with regard to the aggregate lending exposures of the bank, particularly in property and concentration levels. You had identified this to the bank. Did the bank take any action itself in this regard specifically?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay thank you. Senator O'Keeffe. Senator, ten minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: .... specific now. Just be general.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: And it's not your minute either. I appreciate that.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Final question, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Thank you, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Deputy Murphy. Deputy, ten minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Final question, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: A brief supplementary, if you want.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: There are just one or two matters I want to deal with before we take a break, Mr. Grimes, and one follows on from Deputy Murphy's question in that the ... it would appear that clear concerns were expressed by the regulator about the risk of asset growth at some banks before the onset of the crises. Now, you're indicating there that the Central Bank-FSAI examined the possibility or were...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: In the period that you were taking to Deputy Murphy about.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: And then onwards, yes, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: No, I come back to 2003-2008 now. Not after that.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: But to your knowledge, did the CBFSAI examine the possibility that this might be a systemic problem?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Systemic risks?