Oireachtas Joint and Select Committees
Thursday, 12 October 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland
9:30 am
Kieran O'Donnell (Fine Gael) | Oireachtas source
Eight in total. The structure would be the same. They would be established maybe using the local authorities. On the initial funding to establish it, Germany's model would be slightly different. Capital would have to be found because capital ratios need to be met for the Central Bank. How much does Mr. Bergmann anticipate it would take to establish the initial capital input to set up one of these institutions in Ireland?
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