Mr. Liam McLoughlin:

In 2007, Bank of Ireland had a network of more than 250 branches across the country. That number remains the same today. We see the engagement and outreach between branch and local community as being fundamentally important to our business. We are the only institution that has not reduced its branch footprint. In fact, we continue to invest in it quite significantly in terms of both resources and branch layout. We have arrangements in place across the country to facilitate very significant investment in local enterprise. We have conducted enterprise week events, for instance, where the local branch and staff work very closely with the local community. In the past 18 months we have invested in an initiative called Enterprise Town, which is another way of supporting local businesses. So far this year we have held Enterprise Town events in Ballincollig, Oughterard and Callan, and we intend to invest in 40 other towns across the country in 2015. That engagement, involving branch managers and staff working with the local community, is of vital importance to us.