Mr. Richie Boucher:

The Deputy has made a number of assertions. For example, he talked about Bank of Ireland's mortgage book and said it is similar to that of AIB. That is not factually the case. Of our €52 billion in mortgages, €27 billion are in the Republic of Ireland and €25 billion are in the UK. One would have to accept there is a different profile. If we look to our Irish books, on the basis of the information provided by AIB and the information provided by us and as independently assessed and verified, we see that of AIB's €38.8 billion owner-occupier loans, the defaulted loans are 22.7%. It is 14% for Bank of Ireland. There is a different profile. One cannot compare that. I do not agree with the Deputy's assertion.