Mr. Patrick Casey:

It is down to the credit union's own business model, risk appetite for SME lending, credit choices and so forth. It is for the board of a credit union to define what it wants to lend. The orientation of a credit union clearly is to lend within its common bond and to lend to local businesses, tradespeople and farmers, shopkeepers and so on. That is the bedrock of borrowers from a credit union point of view, with an average loan size of €20,000.