Peter Mathews (Dublin South, Independent) | Oireachtas source

They need more capital and resources. Loan provisioning stands at a total of approximately €18.5 billion in AIB Group and €8.5 billion in Bank of Ireland Group. They have approximately the same size loan portfolios and are in the same economy. There is something wrong about that. As a matter of policy, Bank of Ireland is splitting mortgages and, according to Mr. Burgess's formula, resetting the variable interest rate portion to an interest rate of approximately 5% redeeming over a period of 30 years, leaving the non-parked portion of the loan as shadow, increasing, cumulative, rolled-up interest at the same rate. That is absurd.