Dr. Colin Hunt:

Our lending policies are put in place and designed to minimise as far as possible the risk of the bank engaging in inappropriate lending and our customers engaging in inappropriate borrowing. AIB's mortgage product is a very important product for the bank's balance sheet and for our customers. We present the widest range of products to the market. We have competitive standard variable rates, fixed rates all the way out the curve, out to seven, eight, nine and ten years, and cashback. We say to customers, "Here are our products; it is up to you to make your decisions." Some people elect for no cash back and a lower interest rate over the course of the facility and some elect for cash back up front. What we do is give our customers the choice, and we are-----