Mr. Gerald McConville:

We see it as a win-win situation for everybody. All we are doing is maybe taking a different approach to it. As I said earlier, 40% of our loans are for under €1,000. Already a large proportion of our loans are for very small amounts. The difficulty is that the value of those loans is only 9% of our lending. Given the administrative and regulatory costs, from a practical point of view, we see it that this will save on administrative costs. Very tight controls are still in place. Credit unions are already doing top-up loans - it is a feature of credit union lending. Since they are doing top-up loans, they have to issue credit agreements, the documents which go with that and the pre-contract information each time. It amounts to about 12 pages of documentation.