Mr. Tadhg Buckley:

The interest rate of 3.825% that I quoted for the farmer credit line would have been available for the last number of years. Obviously, it is a variable rate, but the margin was similar for the last number of years. The SBCI fund was very attractive, given the interest rate that was applied. We provide funding, just as my colleague from Bank of Ireland has said his bank does. The farmer credit line facility, at 3.825%, is available when loan requests of all sizes are made. We do not have any lower limit on it. We see it as a key product we can provide to our largest SME sector to support its working capital facilities.

We see it as the primary support tool that we will be able to give them during income crises such as now.