Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

I am aware of that. What I am concerned about is people who are trying to get on the ladder. The 80% loan-to-value, LTV, ratio and the decrease on the affordability cash flow means that the price of housing is beyond the reach of many people. Supply is probably the biggest way of correcting that as it would create competition within the market, as Mr. Boucher acknowledged earlier when discussing his own variable methodology. What is Bank of Ireland going to do?

Looking at the reports the bank has provided to the Central Bank historically, one would have to find exactly how much money it used for site finance, agriculture and so on. The fact that this sum has significantly decreased is, in my opinion, improving and helping the share price of the bank. I want to see more houses being built and I need the banks to provide more site finance and working capital. I am here to explain that we need more engagement from the banks.