Aidan Davitt (Fianna Fail) | Oireachtas source

I thank the Chairman. I thank the CEO for appearing before us today. I have one question. I am coming from a slightly different angle because many of my questions have already been asked. As the CEO of a bank, would Ms McDonagh perceive, from listening to many of the questions today, that there is a panacea and a pot of gold to be got out of Irish banking?

I am curious as to why is Ulster Bank is leaving. While I know Ms McDonagh will not specifically answer that, why is Ireland not seen as a better place for banks to come and do business I note that Avant Money has recently come into the Irish market and has rates of 2.35%. I would like to hear Ms McDonagh's thoughts on why Ireland is not such a great place for banks to do business. Why are we trying to streamline and make cost savings at all costs? Bank of Ireland has a big loss this year and Ms McDonagh is telling us the bank is trying make money, which is why it is cutting back on jobs. That is just a first departure. Ms McDonagh might keep that in her mind.

Second, did Bank of Ireland avail of the TWSS or the EWSS for its staff?