Mr. Seamus McCarthy:

It had, because it had cheaper capital. Albeit there have been times when the State has been under pressure, generally Government borrowing anywhere is at a lower rate than market rates. In a situation in which one bank is selling to another, they are probably relatively similar. There would not be a big gap between what bank A, which is selling the assets, and bank B, which might buy the assets, would have. Therefore, these kinds of issues would not arise so much because there would not be such a gap between a selling bank and a potential purchaser.