Mr. Des Carville:

There was an example a couple of years ago of PTSB selling a loan book worth £6.5 billion sterling of performing loans. It was part of its EU-mandated restructuring plan. As Mr. Tobin said, these transactions occur, but they are generally the exception rather than the norm. In that case there was a very specific reason related to the state aid implications for the bank. Such occurrences are the exception.