Mr. Jeremy Masding:

No. There are many different factors. One is the quality of the proposition, as has been mentioned. The second reason is that my team, by definition, having come out of the fundamental restructuring of the bank, now have more time to focus on competing in the market.

Of course, the economic growth of Ireland and the associated growth of the mortgage market also help. It helps if one is competing with a bigger pie. Those are the three reasons. I would not put it down to one specific reason.