Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

DPA/PA Images
Your Say

Poll: Should the public banking model be introduced in Ireland?

Sparkasse is the largest banking sector in Germany.

LAST MONTH REPRESENTATIVES from Germany’s Sparkasse public banking sector presented the model to Irish politicians.

Public banking falls between the private commercial banking model and the credit union sector. These banks are regional and customer-focused rather than profit-focused. (You can read all about the model here)

Irish TDs and senators were told last month that Sparkasse banks offer mortgages with a 1% interest rate, fixed. However, there are concerns that these banks would be more vulnerable to downturns in local industries.

We want to know what you think: Should the public banking model be introduced in Ireland?


Poll Results:

Yes (5873)
I'm not sure (778)
No (396)

Your Voice
Readers Comments
66
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel