Mr. Barry D'Arcy:

An important piece here is in 2008, a large number of the Irish banks had started to withdraw the tracker product from the marketplace. Around that time, the rates by which banks were charged to fund their balance sheets had become very high and the tracker product became unprofitable for those banks. In that context, it is important to note that KBC still retains a large number of tracker products. The key element through the review is for those customers from whom a tracker product was withdrawn or not facilitated and through the examination challenge, we have corrected approximately 3,785 accounts. As it stands, we still have a large quantity of mortgages on a tracker rate that make up approximately 22% of our portfolio at €2.3 billion. The benefit of a tracker rate is still availing to a large number of our customers today and throughout the market.