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The map shows the possible locations of the proposed 10 SME focused, Irish Regional Public Banks and their Central Service Provider (CSP). The exact location will be determined by an in-depth study of the regions by the 'Workgroup'.

The decision you have to make!

For a total once-off cost of €33 per man, woman and child in Ireland spread over a 5 year period, we can have

• 10 New Solvent Regional Public Banks,

• Focused on supporting and lending to Small and Medium Size Business (SMEs) who provide over 70% of all jobs.

• Supporting and Strengthening Communities [all over Ireland]

• And a safe place for your deposits

Is an ethical, solvent and safe Banking System worth this to you?

It’s your choice!

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The 'Workgroup' will be made up of the SBFIC, the PBFI and other interested Irish groups, such as ISME, Farming organisations and hopefully representatives from the Credit Unions and Post Offices.

We need people within the regions to take ownership of the Public Banking project within their region.

SBFIC: The Savings Bank Foundation for International Co-operation (SBFIC), a non-profit section of The German Sparkassen Public Savings Bank Group has assisted more than 50 countries to date in establishing their own public banks. It is currently assisting 31 countries worldwide, including 5 Projects in Europe, to establish or strengthen their Public Banks.

Government can make it happen!

The current Government, the Dept. of Finance and most other parties have been given the SBFIC produced Concept Document for a Public Banking System for Ireland. They also have been given access to experts and further information on public banking.

For a nominal sum, the required detailed business, legal and operational plan for the Public Banking System for Ireland can be developed within a six months’ timeframe.

Are the current Government going to give us a safe, stable, accountable, trustworthy, SME focused, region focused not-for-private-profit community public banking system?

Will a newly elected government deliver it?

These are questions, you as voters, need to ask them.


Financial Institutions that Serve the Real Economy.
Dr Thomas Keidel - DGSV, the German Sparkassen Savings Bank Association.



Local Public Banks – More than an Option !

Presentation by Niclaus Bergman, CEO of The Savings Bank Foundation for International Co-operation (SBFIC) speaking at the 2014 ISME Annual Conference on the 24th of Oct

Click here to view Presentation by Niclaus Bergman


Update 16th Oct 2014

‘Alternative Banking Systems’ will feature centre stage at ISME 2014 Annual Conference on 24th October in the RDS.

Speakers will include Niclaus Bergmann CEO of the Savings Bank Foundation for International Co-operation (SBFIC) and Professor Ray Kinsella.


Update 21st July 2014

Public Banks with a focus on SME lending proposed.

Update 21st July 2014
On the recent visit of Niclaus Bergmann MD and Dr. Jürgen Engels of the Savings Bank Foundation for International Co-operation (SBFIC) Dr Engles put forward a proposed Public Banking System for Ireland. The Proposal is for 10 Public Banks strategically placed throughout the country and a Central Service Provider (CSP) for the 10 Banks. Ten Public Banks with expertise in and specifically focused on SME lending. They will return profits & interest earned to the Public Bank and to social projects in their designated operating catchment area.

Support:

This initiative is fully supported by ISME, ISBA, some political parties, many high profile politicians and academics.
The Post Masters Union representing 1,100 post offices is interested in the Public Banking for Ireland Project as it may bring them increased business if they can provide services for the Regional Public Banks.

Credit Unions:

We strongly encourage the Credit Union movement to become part of this initiative. The ethos of Public Banks & Credit Unions is very similar. The PBFI and the SBFIC believe the potential for the expansion of the CU movement through co-operation with the Public Banking System is huge. Some discussion has taken place with the Credit Union representative bodies. For their full participation they may need the support and encouragement of members. We encourage you to contact your local CU Board or Manager and encourage their participation.
An alliance formal on not between the Public Banks, the Post Offices & the Credit Unions can be of huge benefit to each and to the public in general.

The PBFI and the SBFIC are available for discussions with any interested parties. Please make contact with us.

Funding:

Funding a SBFIC Work Group to develop the Business & Legal Plan for the Public Banking System for Ireland is the next step.
A foundation is currently being setup by the PBFI to fund the "Public Banking for Ireland Project." Details will be released soon.
We welcome other initiatives & donations for this project.

Regards
The PBFI team.

See Niclaus Bergmann MD of the SBFIC press interview with John Walsh of The Irish Examiner Article - June 27th 2014 - © Irish Examiner Ltd.

PUBLIC BANKING for IRELAND SEMINAR

with Dr. Thomas Keidel & Christopher Simpson took place on 27th February 2014 Green Isle Hotel, Dublin.



Dr Thomas Keidel - Seminar audio + Q & A

Click here to listen to Dr Thomas Keidel from the German Public Savings Bank Group speaking at the Seminar on 27-2-14 in Dublin. Followed by excellent 40 minute Q & A session.

Christopher Simpson - Seminar audio + Q & A

Click here to listen to Christopher Simpson of Simpson Associates & CIVITAS UK speaking on his Commentary & Case Study of the German Public Banks at the Seminar on 27-2-14 in Dublin. Followed by excellent 30 minute Q & A session.

Information on Dr. Keidel & C Simpson can be found in the Public Banking Section

A COMMENTERY AND CASE STUDY

   of  THE GERMAN SPARKASSEN 

(SAVINGS BANKS)

 by C. V. J. SIMPSON - SIMPSON ASSOCIATES - CIVITAS UK

Full article in pdf.


Public Banking Rates based on the German Sparkassen model:

Business Loan:
€10m @ 1.68% for 10 years.
Mortgage: Will not be Securitised!
€150k fixed @ 3.1% for 15 year
Deposit Returns:
0.2 to 0.5% + All surpluses returned to the Public Bank & the Community.
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IRELANDS PUBLIC SAVINGS BANK SYSTEM

10 Regional Public Savings Banks

Collaborating with the network of 1,100 Post Offices throughout the Counties providing Public Saving / Banking facilities for all.

A huge opportunity presents itself for OUR Credit Union System to become a major part of a Comprehensive Public Savings Banking Service.
The Credit Union could setup Co-operative Banks and offer a serious banking alternative its 3 million members. Would this not be logical progress?


A post-bank alliance with social credits – Prof Ray Kinsella

Full article - Jan 7th 2013 - © Irish Examiner Ltd.

"An alliance between credit unions and the post office network could provide the most innovative and far- reaching initiative in Irish retail financial services for more than a generation."


Our Credit Unions are finding themselves more & more at odds with the Private Banking system the are being pulled into.
Credit Unions withdraw from debt deal saying it “lacks fairness and transparency” theJournal.ie 4-4-14.
The scheme is too heavily stacked in banks’ favour.


Credit unions criticise new Central Bank regulations. 31-7-2015
New rules will prevent consumers from saving more than €100,000 with their local credit union

In a joint statement, the Irish League of Credit Unions, the Credit Union Development Association (CUDA) and the Credit Union Managers Association (CUMA), said the new rules will restrict credit unions from competing.

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The actually cost of sustaining the current financial system. – Prof Steve Keen


Chris Menon interview with Prof Steve Keen

Q. Much of the reforms that you recommend are predicated on reform of the banking sector, cutting the banking sector down to size. How realistic is that given the nexus between the political class and the banks….?

Professor Steve Keen

A. “We have to break that political nexus, it’s false, because the reality is, finance is a cost of doing business; it’s not a profit center. Finance of course has to make a profit in its own right to be viable; you need a financially successful profitable banking sector. But you don’t need one that’s 30 and 40% of the profits of the economy, because at that level it’s actually siphoning off money being generated in the real production, of the industrial sector, the agricultural sector and the mineral sectors. Ultimately the financial sector should be the servant of the rest of the economy not the master. But at the moment it’s the master of not just the economy but of the politicians as well. So to break the nexus, we need a complete political shift…..“

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GOOD NEWS FROM CANADA

This could have implications for Central Banks Worldwide.
COURT RULING IN CANADA:
COMER Court case against Canada's Private Central Banksters can now proceed.

WILL THE CENTRAL BANK OF CANADA BE FORCED TO RETURN TO ITS ORIGINAL PURPOSE OF CREATING CANADA'S MONEY SUPPLY FOR AN ADMINISTRATION COST ONLY?
FEBRUARY 6, 2015
liveleak.com

The Bank of Canada used to be a government lending institution, creating near interest free loans that built much of Canada’s infrastructure during the 50’s and 60’s.
In 1974 at the Bank of International Settlements in Basel Switzerland, Trudeau Sr. was convinced by fellow Bilderberg attendees to dismantle this crucial function of the Bank of Canada, and since then we’ve lost sovereign control of our monetary policies and money supply and government debt at all levels has risen dramatically.
This court case challenges the disuse of the Bank of Canada to create money for the public good.

Mainstream media told by government not to cover the case.
Bill Stills Report on the case.

Details from Constitutional Lawyer, Rocco Galati

Paul Hellyer Former Canadian Minister of Defence breaks down very important historical events that allowed the banker mafia to take over the Canadian monetary system.


COMER — Committee on Monetary and Economic Reform EST. 1986 (Members of Canadian Think-tank COMER took the case to court) COMER.org

How the money system could work for the people if we had a ‘Public’ Central Bank as they had in Canada up to 1974.

Canadian System up to 1974
1. Government create a Bond and give it to ‘Public’ Bank of Canada.
2. The ‘Public’ Bank of Canada prints/creates and deposits the money for the Bond in the Governments Bank Account.
3. Government Spent into the economy.
4. The Government pays the interest on the money to the ‘Public’ Bank of Canada.
5. The ‘Public’ Bank of Canada gave the interest back to the Government in Dividends because the country owned The ‘Public’ Bank of Canada.
6. The only cost to the government and country was an admin cost.

The Bank for International Settlements (BIS) took control of the ‘Public’ Bank of Canada in 1974.
Canada’s National debt in 1974 was $18bn, in the following 15 years it rose to nearly $500bn, owed to private banks.

WHO WILL TAKE THE CASE FOR THE IRISH PEOPLE?

The Central Bank of Ireland; Public or Private?

In 1939 Seán T O’Kelly was appointed Minister of Finance. He secured the passing of The Central Bank Act1942. On July 17th 1942, at the fifth and final stage of the Dáil debate on the “Central Banking Bill”, he argued that the owner of the credit issued by the Central Bank of Ireland, should be the private property of the joint stock banker and not the property of the people of Ireland.
This debate was carried, with just five TDs present in the Dáil.

The Lisbon Treaty and the Power to Create Money:

There is a Supreme Court challenge to the legality of the Lisbon Treaty waiting to be heard since 2010. It originates from an action begun in the High court in 2009. Until the case is heard the Lisbon treaty can not legally come into effect!
Further reading: Irish Citizens Blogspot

Donations to the PBFI are needed and welcome:

All our members are volunteers & do not get any payment. We continually have to hire venues for events and have printing costs etc.
Please contact us to donate:
Click here to contact the PBFI by e-mail
Or phone: 087-254-5548 - Thanks, the PBFI Team.

Welcome to our Website


The PUBLIC BANKING FORUM OF IRELAND was set up in June 2013 to bring home to Irish people that NOT ALL BANKING IS THE SAME.
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"Of all the many ways of organising banking, the worst is the one we have today."

Sir Mervyn King, Governor of the Bank of England 2003-2013
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Banking and Money Reform Conference:
Dublin - April 2016 with Prof Richard Werner -
Banking Industry Exposed & Solutions Presented.

PBFI YouTube Channel Here

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Shocking Video: Jonathan Sugarman speaking in the European Parliament Nov 2016;
Irish banking fraud, corruption, cover-up, collusion & intimidation - Politically condoned


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*Please subscribe to our Newsletter:* Subscription box near the bottom of page

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A PUBLIC BANKING ALLIANCE has been formed!

The Public Banking Forum of Ireland has setup the Public Banking Alliance for all who support the introduction of Public Banking to Ireland.

Public Banking Alliance (PBA) Website

Website Address: www.PublicBankingAlliance.ie

Public Banking Alliance fb Page

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Public Savings Banks are

1. Operate to Serve the Real Economy; supporting Small and Medium Size Enterprises (SMEs) who provide over 70% of all our jobs.

2. Operated on commercial principles with the aim of maximising sustainable lending and not on maximising profits.

3. Operated on the Principle of “Local deposits into local loans” keeping capital in their own area.

4. Surpluses remain with the Bank & within the region: Profits are used to increase equity and for non-profit purposes (the public benefit principle).

5. Banned from engaging in financial speculation.

6. Only allowed to lend only to local people and businesses in its designated catchment area.

7. Controlled by stakeholders from the local community.

8. Independent of political influence and control.

9. The Joint Liability Scheme provides protection for all Savings Bank Branches.
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Solving the problems with our economy is not Rocket Science - Ask the Simple Questions!

Who control the Money Supply?

Who controls where money is lent?

Where does the interest & profit go?

Who benefits most from the current system?

A. The private commercial banking system and the ECB


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Important Monetary Reform Websites

The Public Banking Institute USA

Positive Money UK

Sensible Money Ireland

Web of Debt Blog

Savings Bank Foundation for International Co-operation (SBFIC)

Real Currencies


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Money Creation and Society Debate. UK House of Commons

Micheal Meacher describes sham that is the Current System.
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Irish philosopher George Berkeley promoted the introduction of Public Banks to Ireland in the 1700’s

“A Bank wherein there are no Shares, would be free from all the Evils of Stock-jobbing [Speculation]. A Bank where of the Publick makes all the Profit, and therefore makes good all Deficiencies, must be most secure. Such a Bank prudently managed, would be a Mine of Gold in the hands of the Publick

George Berkeley 1737

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Why is there so much Debt?"


Public Banks create credit for the benefit of the public. Banking in the public interest!

“The biggest source of instability is the use money is put to. Banks are not just creating the money supply, they are also the decision makers. They decide who this money will be given to.”
Prof Richard Werner.

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Our Current Banking System is a failed parasitic system. Public Banking is for the benefit of all of the people.

Guide to our Website

Possibly the best place to start is “Our Current System” We believe after reading some & watching some videos on The Current Banking & Money System you will understand why we need change.

The “Public Banking” & “Ellen Brown” sections introduce various solutions in operation around the world.

The “Study Section” has more in-depth info on the various Public Banking Solutions.

The “Bail-ins” section we believe is the future if we don’t act.

Please also watch the Public Banking Seminar Video by Dr T Keidel & C Simpson on this page. It’s some of the best Video available on Public Banking.

The PBFI is working to establish comprehensive Public Savings / Banking Services in Ireland, incorporating the Post Offices, the Credit Unions and initially Regional Public Savings Banks


JOIN US AND MAKE IT HAPPEN.

Banking in the Public Interest!

E-mail the PBFI at admin@republicirelandbank.com
Click here to contact the PBFI by e-mail


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Important Video:

Banks can become socially useful and local – Prof Richard Werner'

“[we need to] return the power to create and allocate money to the people, this privilege belongs to them … by having local banks we can have local money.”

Prof Richard Werner at the Just Banking conference on 20th April 2012

'The Princes of the Yen'

An excellent film about Central Banks & IMF

Based on a book by Professor Richard Werner.
“Because only power that is hidden is power that endures.”

Transcript from the film:
"The IMF policies are clearly not aimed at creating recovery in the Asian countries; they peruse quiet a different agenda and that is to change the economic, social and political systems in those countries. In fact the IMF deals prevent the countries concerned, like Korea, Thailand, to reflate."

Q. Interesting, you are saying it’s (The IMF) making the crisis worse and your suggesting the IMF has a hidden agenda.

"It’s not a very hidden this agenda, because the IMF clearly demands that the Asian countries concerned have to change the laws so that foreign interests can buy anything from banks to land. And in fact, the banking system can only be recapitalized, according to IMF deals by using foreign money. Which is not necessary at all, because as long as these countries have central banks, they could just print money and recapitalize the banking systems, you don’t need foreign money for that. So the agenda is clearly to crack open Asia for foreign interests."

The examples of the Japanese and Asian crisis illustrate how crises can be engineered to facilitate the redistribution of economic ownership, and to implement legal structural and political change.

Today similar events are at work in the Eurozone area.

The European Debt Crisis: Countries within the Euro block have forfeited their rights to a national currency and handed this power to the European Central Bank.

………… There’s one interest rate for the whole euro area, but in 2002 the ECB told the Bundesbank to reduce its credit creation by the biggest amount in history and told the Irish Central bank to print money as if there’s no tomorrow. What do you think is going to happen, is it the same growth, No, recession in Germany, boom in Ireland.

Timeline 1:22:00 on-wards gives the perspective on Ireland and the Eurozone.

Full Screen option available.


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‘Invisible Wrecking Machine’

Margrit Kennedy, PhD: On the ‘Invisible Wrecking Machine’ that is the Component of Interest in our Financial System

The average percentage of interest in the cost of all goods and services we buy is 40%. i.e. 40c of every Euro we spend is going to pay interest to banks and bondholders.


All international TRADE transactions including tourism, accounts for less than 2% of the total International financial transactions; the other 98% is financial speculation.


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Alex Templeton speaking at ECOBATE - UK - 2013

Councils should "bring local banks into being" so they can become "powerful partners" and promote economic, social and environmental benefits to their communities.




DEBT-FREE MONEY

We have given our Sovereign Right to create our money supply to private banks. These Private Banks now create 96% of our money supply as debt (loans with interest). Only 4% (notes & coins) are debt free.


“Let me issue and control a nation’s money and I care not who writes the laws.” Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.

Canada issued is own Sovereign Debt-Free money from 1935 to 1974: Canada prospered during this period.

Canada Issued Debt-Free Money From 1935-1974

What Abraham Lincoln said and did to upset the English Bankers:

“The Government should create, issue and circulate all the currency and credit needs to satisfy the spending power of the Government and buying power of consumers.
The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Governments greatest opportunity.

The Government should create issue and circulate all the currency and credit needs to satisfy the spending power of the Government and buying power of consumers.
By the adoption of these principles … the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.”

Abraham Lincoln

The Central Bankers comments in the London Times on Abraham Lincolns statement & actions.

If this mischievous financial policy, which has its origins in North America, shall become endurated down to a fixture, then

• that Government will furnish its own money without cost.

• It will pay off its debts and be without debt.

• It will have all the money necessary to carry on its commerce.

• It will become prosperous without precedent in the history of the world. The brains and wealth of all countries will go to North America.

That country must be destroyed or it will destroy every monarchy on the globe.

The 'Times of London'

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Prof. Steve Keen on Parasitic Banking Sector - London School of Economics

An excellent interview with renowned economist Prof. Steve Keen
Prof. Keen, who in 2005, predicted this current crisis, said in 2013, we are just 30% into the recession.

Bank reserve Control: In the US Bank reserve ratio applies only to household deposits, not to corporate deposits. Less than 10% of US money supply is subject to reserve controls.

The Banker - Robin Hood Bankers Tax

Famous Banking Quotes and Truths

“I believe that banking institutions are more dangerous to our liberties than standing armies.” ― Thomas Jefferson

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” ― Henry Ford

“When banks extend loans to their customers, they create money by crediting their customers’ accounts.” -- Sir Mervyn King, Governor of the Bank of England 2003-2013

“the essence of the contemporary monetary system is the creation of money, out of nothing, by private banks’ often foolish lending”
-- Martin Wolf, a member of the Independent Commission on Banking, in the Financial Times.

"Banking was conceived in iniquity and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits, and with the flick of a pen they will create enough deposits to buy it back again.
However, take it away from them, and all the fortunes like mine will disappear, and they ought to disappear, for this world would be a happier and better world to live in.
But if you wish to remain slaves of the Bankers and pay for the cost of your own slavery, let them continue to create deposits."

Sir Josiah Stamp, President of the Bank of England in the 1920s, the second richest man in Britain.

Our Mission

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Dr. Ellen Brown JD

Ellen Brown developed her research skills as an attorney practicing civil litigation in Los Angeles.
In Web of Debt, she turns those skills to an analysis of the Federal Reserve and “the money trust.”
She shows how this private cartel has usurped the power to create money from the people themselves, and how we the people can get it back.
Ellen gave three presentations in Ireland in Oct 2013, see her tab for details.
She is currently running for California state treasurer on the Green Party ticket.

CIVITAS Report – Christopher Simpson

CIVITAS report on the German Public Savings Banks, the Sparkassen.
"The core principles of the Sparkassen are a public service ethos and the principle of regionalism. These have provided German industry, and particularly the Mittelstand, with invaluable long term secure and stable finance on which businesses could be built and expanded. It has resulted in money saved in a region being used as a priority to support the local economy and the local population."
Christopher Simpson - CIVITAS

Your Funds in Your Public Bank Working for YOU! All information on this website is for information and educational purposes.