Dr. Michael Somers:

Yes. Bank officials must be careful that they are not hoodwinked. There are approximately 37,000 people who must be dealt with individually on the basis of the totality of their financial circumstances. It is equivalent to three quarters of the capacity of the Aviva stadium. Some people are in distress on foot of their house loans, some on the basis of buy-to-let properties and some have SMEs. I hear all sorts of stories on how people got themselves into a mess by borrowing too much from banks. It is not AIB's intention to throw people out on the streets. Some deal with have to be cut and if it requires the writing down of debt, so be it.