Mr. David Duffy:

Where other banks are involved we take a multi-institutional review. To give a practical example, a person may have unsecured debt with another bank and a mortgage with us. The banks initially came together on this through the Irish Banking Federation but now deal directly with each other on each transaction. In some cases we deal with unsecured debt as a loss and in other cases another bank will, but we will work together to try to solve the cases. We must work on a multi-bank basis to solve the problems.