Mr. Lorcan O'Connor:

It includes those financial institutions within a PIA solution. I would like to take the focus slightly off write-offs. In regard to whether the person with the problem, having engaged with the PIP, obtained a solution that assists in returning him or her to solvency, the answer is, "Yes". In some cases, this involved the writing off of secured debt and in others it has not but in all cases the person has been returned to solvency.