Professor Patrick Honohan:

-----but may appear to be somewhat more generous. It is not much good to be generous if one is not being efficient in achieving solutions.

For the moment, I am not minded to complicate this matter by narrowing the options towards some more precise and indefensible subset of possible solutions. That does not mean the Central Bank does not have its own view on how to rank the various banks. There are different views. Some believe a certain bank is adopting only one approach but doing so well, while others are saying this is not the case and that it would be much better to adopt a different approach. There is no clear, single dimensional rank.