Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I understand that. The figures the committee would like are the figures Mr. Mason presented to the Central Bank at the end of quarter two.

Regarding some other issues, I want to add, in terms of the split mortgage, that the products the bank has on split mortgages are wrong. We had AIB representatives before the committee yesterday. They are modifying their split mortgage in terms of a lifetime interest in the mortgage but they do not charge interest and Bank of Ireland should seriously look at that and come back to the committee and customers on it.

I have some other questions. In regard to the question of strategic defaulters raised by Deputy McGrath, and I know Bank of Ireland does not have a strategic default definition, AIB has defined strategic defaulters as those who can pay their mortgage after the bank has looked at their financial statements that they have submitted to the bank and after the bank has deducted reasonable living expenditures, which are the insolvency service's living expenditure guideline plus 20%. It was interesting that when Mr. Boucher provided figures in regard to the analysis of July's 1,487 financial statements from customers, he said that 149 of them were deemed to be able to pay. Of AIB's analysis of the financial statements, 20% were deemed to be able to pay. For Bank of Ireland, 10% were deemed to be able to pay. What is the underlying formula Bank of Ireland is using? What are the living expenditures? Is it based on the insolvency service's guideline and why is it at half the level of AIB?