Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

There is a significant difference if the device is being rented or leased, especially in the current economic environment because if a company is renting and folds next week, the rent collapses with it, but if it is leasing, it may mean that it is locked into a long-term leasing agreement for a number of years which could have several thousands of euro outstanding. AIB has a leasing arrangement. It has done something similar to that done by Bank of Ireland whereby it flipped that over to another company in the past two years. Is Bank of Ireland renting or leasing?