Mr. Felix O'Regan:

I do not doubt the figures from the Central Bank report today. I have not seen those figures. The ones I have brought along with me are from the SME credit demand survey which is undertaken for the Department of Finance. There is one due out in about two months' time but the last one covers the period up to around the middle of 2017. The rate of loan application decline was 11%, which is up marginally from 10% in the previous period. We will wait to see if the Central Bank figure is reflected in this very specific survey which is designed to establish acceptance and decline rates.