Mr. Jeremy Masding:

I want to be within the European average. The Senator said something that was quite interesting in his comments around that. This is an assertion but I took it to mean that Permanent TSB was referenced as one of the Irish banks very early on in his conversation on the Single Supervisory Mechanism, SSM. From my perspective, I do not want PTSB to be a bank that is known in the SSM to be at the wrong end. My duty is to try to get the bank to be safer. Second, to do that, we have an aspiration to reduce the NPL level further materially in the near term, whatever that means. That would be my answer on that one.