Mr. Mark Bourke:

On the 560 properties, it is important to state we started our engagement with the Minister as far back as August of last year. We made the full list available. We have concluded the sale or transfer of 114 of those properties. Probably another 80 will be transferred before the year end. If our expectations are correct, there may be 600 or 700 in the following year. That is a big part of our plan in trying to address the various aspects as far as we can as a bank.

On Mr. Byrne's point on dealing with our entire impaired loan portfolio, we have reduced the figure from approximately €29 billion to approximately €10 billion at year end. At year end, €3.7 billion of that €10 billion would pertain to private dwellings while the remainder would be split between commercial property and personal SME non-property business. We have to get down to the €3 billion level. We can get a huge amount of that distance simply by dealing with the non-private dwelling home asset portfolios that are non-performing.