Ciarán Lynch (Cork South Central, Labour)
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It is a welcome development that we are seeing resolution processes being developed by banks beyond the prescribed list set out in the Keane report. Ulster Bank's concession approach is a very innovative one which allows the distressed borrower to deal with both interest and capital in an affordable and manageable way. I note, however, that in the case of some of the options recommended in the Keane report such as mortgage-to-rent arrangements and split mortgages, the bank is very much in a flat-line position. Is this because its customers are not choosing those options or because the bank is not offering them?