Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

I'll come to that then because in July 2001, that was before you were in the bank, the group risk committee set up a trial initiative for specialised property financing unit within business banking and the purpose was to provide higher risk higher return property transactions. Now in January 2003 when you were there - and sorry the reference for this is BOI - B1, page 55 - in 2003, in January, it was recommend to the committee that the initiative be established on a permanent basis with a confirmed limit of €100 million, the objective of it being to allow business banking compete more effectively in particular with Anglo Irish Bank. Is this an example of Bank of Ireland changing its business practice to compete with Anglo?