Pearse Doherty (Donegal, Sinn Fein)
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Between Ulster Bank and KBC Bank Ireland, particularly this year, the State will take in approximately €80 million less than previously. Given its size, that decision is probably worth at least €40 million to Ulster Bank.

I will ask one final question because colleagues want to come in. We dealt with some of the tranches, the legally binding agreement and the memorandum of understanding. I still want to hear from the witnesses regarding the branches, but my final question relates to the tracker mortgage portfolio. There is no indication of where that is going. What is Ulster Bank's intention in respect of the tracker mortgage book? Do the witnesses agree - I am sure they will - that customers should just remain where they are and not switch, which leaves them open to losing a tracker mortgage that is valuable to them? Despite the fact that the bank is pulling out of the market, customers should remain where they are until a decision is arrived at. Where is Ulster Bank looking? What will it do with its tracker mortgage loan book? Will the witnesses signal any intention at this point in time?