Mr. Ray MacSharry:

We will soon bring forward proposals to return to the lending market, in which we have not participated for some time. The proposals will relate to mortgage lending, credit cards and personal loans. A theme in many of today's contributions has been debt forgiveness or write-offs. It is a question Permanent TSB is not in a position to discuss. As the chief executive explained to the joint committee, the bank deals on a case-by-case basis with people who are in trouble and in respect of whom residual debt may be written off.