Mr. John Stanley Purcell:

INBS, you know, continued doing the sort of business it felt it had a capacity to do. It felt it was doing good business with experienced people, much of it repeat business and, as a background to that, we were recruiting people in relation to aspects of loan. We set up around that time a credit risk department. We were preparing the loan book for the mutualisation, for Basel II, and for credit grading a number of things. So we were working in areas that needed attention.