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 Paul MurphyPaul Murphy (Dublin South West, Solidarity)
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I liked the phrase Mr. Sibley used that banks should serve the interests of society and consumers etc. It seems to me that in the past decade society has more been serving the interests of the banks than the other way around. Does Mr. Sibley believe it is the case that on the whole, the private banking system that we have does serve the interests of society and the economy as a whole?