Mr. Eamonn Crowley:

I thank the Deputy. As I mentioned in my opening statement, I cannot go into a lot of detail on the negotiations we are in with NatWest on Ulster Bank. I cannot comment on the size because it is subject to negotiation. With regard to the memorandum of understanding, the negotiations are constructive and they are progressing. Until we have a memorandum of understanding, I cannot make a comment on aspects of it, including the cost range. However, the cost range, in effect, is related to the amount of capital that would be required to support any loan book originated on a day-to-day basis through our own mortgage origination or acquired by way of acquisition. It is primarily related to the capital associated with it. It is governed by the size.

With regard to capital reserves, the bank-----