Mr. Paul Stanley:

We talked about this before, as have other industry members. The challenge, as the Deputy stated, has been the weightings, particularly of mortgages but also of other aspects. It has been driven by the crash. We have not got a time series of data that potentially exist in other economies where there are ups and downs and, therefore, a dampened impact in terms of risk-weighted assets and capital. I have probably given the example before that from our parents' perspective, the amount of capital held on a mortgage would have been in the mid- to low teens by comparison with the level of 34% held within the Irish market. It just gives a flavour of the differential. There are different rates in different economies across Europe, but with regard to the risk-weighted assets held and ultimately the impact regarding pricing, the Irish banking industry is at the outer ends across Europe.