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

We are running out of time and I need to ask more questions. Mr. Duffy can go into the finer detail of some of these matters later.

As the bank moves towards that resolution process, two difficulties will arise the first of which is what becomes a sustainable solution as opposed to a sustainable mortgage. The perception is that a sustainable solution is a mortgage issue that can be resolved before the person hits retirement age. In its resolution processes is there any recognition by AIB that if somebody can meet only the interest on his or her mortgage debt and perhaps a small proportion of the capital, that can be a sustainable solution into the future? This is particularly relevant now that we are seeing modest house price inflation. In that situation, with modest inflation, the loan is more or less secured indefinitely.