Mary Butler (Waterford, Fianna Fail) | Oireachtas source

I thank Deputy Neville. I have a question for Mr. Maye. During his presentation he spoke about the German industry and the pillar banks. While we were doing our many meetings, we had the pillar banks in and the following week we had Sparkassen, Irish Rural Link and the credit unions in to look specifically at what they could bring to the market. Mr. Maye is very supportive of the German model, as in his statement he said that the pillar banks are "entirely incompatible with driving our indigenous economy. It is worth looking at how German Industry is structured.". We looked at the German model in detail and we were very supportive of it, especially as they were really focusing on the midlands. Will Mr. Maye elaborate on that please?