Oireachtas Joint and Select Committees

Tuesday, 23 October 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Report on Local Public Banking: Discussion

1:30 pm

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael)
Link to this: Individually | In context | Oireachtas source

I am fully aware that some of the Sparkassen models have an over concentration of lending in certain regions. If they are, for example, in a region dominated by cars, there may be an over concentration. Landesbank was a 100% subsidiary of Sparkassen. It went into speculative lending-----