Sean Barrett (Independent) | Oireachtas source

Okay. Now, page 61 in Vol. 2, the final question - and thanks, Chairman - your notes for the Minister, "the bank expresses concern about ... high current rate of credit growth, including mortgage credit, which has been increasing ... around 25 per cent.", and the Minister advised, "I would encourage the Central Bank and Financial Regulator to remain vigilant on the issue of personal credit and mortgage debt." Surely he was gone beyond remaining vigilant and there was need for action to deal with that 25% annual increase.