Ms Gillian Buckley:

In those case of those projects, the Western Development Commission took the hit. We have a policy not to ask for personal guarantees from individuals, whether in the case of community groups or SMEs. We do our lending in good faith and on the understanding that the project has the ability to repay and will do everything it can to do so. We work with the projects but if things go wrong through no one's fault we take the hit.