Mr. Brendan McDonagh:

No, there is a synergy to be had. We had an existing loan book where we had worked out strategies for each of the 800 debtors. We are now getting 2,400 debtors, excluding the residential mortgages whose strategy will be determined by the Central Bank's mortgage code of practice anyway. It will just mean that we must look at those 2,400 debtors and figure out whether the strategies put in place by IBRC were appropriate or whether we will need to revise them.