Dr. Colin Hunt:

It is the fastest growing means of payment in terms of what consumers wanted.

On the strategy outlook, I am not able to tell the Deputy our actual targets for 2019. That is market sensitive information but I will make a number of general points. Notwithstanding that we have an operation in the UK and an office in New York, we are predominantly a retail banking operation headquartered in Ireland, which is our home market. We are reliant for our future sustainability on the lending we make today and how we treat our customers today. Over time, our medium-term target is to see the balance sheet of the bank continue to grow in line with overall nominal GDP growth in the country, that is, looking at the total amount of growth in the country and taking into account the growth in prices. We look forward to the balance sheet growing. A growing balance sheet is of concern to our investors but my primary obligation is to ensure that the balance sheet growth we enjoy in the years ahead is appropriate and sustainable.