Mr. Seamus Boland:

I reiterate that we are talking about reviving rural economies and creating a financial situation that is based on those rural economies and regions. As Senator Reilly said, it is not going to affect the banks. At a national economic dialogue conference a couple of years ago, an employer stated that the banks find it much easier not to process what they call small accounts because it is too expensive to do so. Those accounts might involve €1 million or €2 million. The banks prefer massive accounts. In regional economies, one always has smaller businesses which are significant and create enough employment but which require greater attention from the lender than they receive. That is the reason we have a proposal on community banking.