Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Okay. Thank you very much Mr. O'Reilly. I just want to deal with a couple of matters there and one is in relation to loan-deposit ratios. The targets now are in and around 120% and lower. Why was this not a target during the 2002 - 2008 period, when it reached as high as 176% in Bank of Ireland and you think the level of loan-deposit ratios in the various institutions was appropriate during your tenure?