Jennifer Carroll MacNeill (Dún Laoghaire, Fine Gael) | Oireachtas source

Exactly. There are circumstances where they are not minded to take on that 20% risk, even where the State has put all that credit behind providing the additional liquidity to businesses which need it. That sense is coming back strongly. Perhaps this is the first time Mr. Black has heard it but it is something I hear consistently from small and medium enterprises. I also hear that the process the banks are going through is so long after the SBCI. I am talking six, seven or eight months to give a slow "Yes" or a slow "No", which can be as damaging to the SME as a quick, initial decision.

I will go back to the KfW model and go into a bit of detail about that. When did KfW exit the Irish market?