Mr. John Stanley Purcell:

Well, in 2008 we had reduced our loan book considerably. We had raised a lot of money on ... from retail deposits. We had brought in a mortgage-backed promissory note programme. We were working on its securitisation. And, in September, even though things were very fraught, there was an increase in the deposit guarantee amount around 20 September. So we were looking at the credit crunch probably would persist for a while, but people's perspective wasn't that it would go for as long and as deep. So we expected that we would be able to return to the markets in 2009.