Mr. Eamonn Crowley:

Obviously, we are not planning to take on €7.6 billion of loans to lose them all in a refixing scenario, if the Deputy understands. We are taking these customers on to retain them. As part of taking on those customers, we are conscious of the rate differential. For instance, our standard variable rate for a Permanent TSB customer is lower than that for an Ulster Bank customer. Customers on a standard variable rate in Ulster Bank will, therefore, benefit from a lower rate.