Mr. Shane O'Sullivan:

We distinguish between debt forgiveness and debt write-off, the latter being where the security or property has been returned. The committee will be aware of our recent buy-to-let campaign where we offered debt write-off to 2,000 customers. Of the approximately 50% of customers who took that offer, we will write off a shortfall of €125 million in total that would have been owed but which will now be written off in return for those buy-to-let customers providing us with their property.