Kevin Humphreys (Dublin South East, Labour) | Oireachtas source

I had a discussion with someone running a small business last week who could not get access to money. I am not in a position to say what kind of risk would be involved in that SME. When the two bank CEOs appeared before this committee, the CEO of Bank of Ireland told us that its figure referred to new lending, not re-financing, because the €3.5 billion had hit the Government target. The CEO of AIB said the bank's figure did not relate to new lending. The witnesses have given the figures again in their presentation today. Can they give me a breakdown of what is new lending and what is refinancing? What is the €3.5 billion that is being lent out to the SMEs?