Mr. Niclaus Bergmann:

I think that should be one of the side effects of the new public banking system in Ireland. It helps to strengthen the credit unions. Through the new public banks they could offer services they are unable to offer now. They could use the services of a central services provider to make their own business more efficient. There are some ways in which it is possible to strengthen the credit unions through this new public banking system. It is not a competition issue, but it is a question of how to co-operate.