Professor Philip Lane:

The retail banking system is separate to Unicredit. Unicredit, if one likes, is part of the international banking sector here and is not feeding into the local banking system. There are entirely different issues. Unicredit is an international banking group, of which there is one unit here. That has not really too much read-across to what was going on to the Irish banking system which had liquidity issues, insolvency issues and so on.