Mr. Jim O'Keeffe:

I will answer briefly. I completely agree with the point on the terminology around uncollectible debt and write-off. When we talk about write-off, and everything we talked about today, it is to indicate the policies and the way we go about it is that the debt is uncollectible, there are no further assets and there is no income to cover it etc. We refer to it as write-off but it is uncollectible debt. It is a very important point that it is uncollectible debt. This not some deal or anything being brought forward.

On the Deputy's experience, I am genuinely confident, based on all the work we do to make sure, there is consistency around this. I cannot talk for how the experience is outside AIB but I am very open to getting the examples where the Deputy feels we have not been consistent because that would certainly be very concerning from my perspective.