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
Kieran O'Donnell (Fine Gael)
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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-----