Mr. Wim Verbraeken:

KBC Group is a very large European bank insurance group and is not a high NPL group per se, taken as a whole. That is why the discussions between the ECB team and the KBC Group about lending reductions are not at the same intensity in terms of pressure applied as would be the case for other groups in Ireland or elsewhere that would have very high NPLs at group level. The ECB and the Central Bank of Ireland, CBI, express an interest in any separate entity reducing their NPL levels to more moderate levels, towards the market average over time. The ECB and the CBI have a very keen interest in our strategy on this and the progress we have been making. Historically, since the crisis broke, KBC has worked through all of its problems with corporate, SME and retail customers, whether they are PDH or buy-to-let, on a case-by-case basis and we will continue to do that.