Mr. Barry O'Leary:

In the past five years we have lent €118 million to Limerick. I cannot tell Deputy O'Donoghue the breakdown between city and county but we could have a reasonable guess it is city-oriented. As Mr. Jordan mentioned, the town centre first and above the shop schemes are there and we will see the pandemic delivering people who realise that is where they want to live now because they can do that and work. We will fund any loan application that comes from either the Limerick local authority or any of the AHBs. We do a lot of business with the AHBs and quite happily fund them. The Deputy was asking how we justify funding them with the cost. He would have heard many times the cost of funding a mortgage or a loan is substantially less than the cost of the rent, and that is how we do it. We look at the cash flow coming back in on us, and when that is enough to fund it, you get the money and we do not say "No".