Summary of Deposit Guarantees in Ireland

We understand the following protection is in place with the following institutions: This is the latest information on the level of guarantee or protection for money held in Irish financial institutions or those operating in Ireland. Updated in March 2013 Post Office Savings Bank; . Irish Government guarantees all deposits with no end date Under […]
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IBRC Liquidation and the Deposit Guarantee

As a result of the liquidation of IBRC –  the Deposit Guarantee Scheme (DGS) has been activated.  The Deposit Guarantee Scheme  is administered by the Central Bank and guarantees eligible deposits up to €100,000 per person in any bank, building society or credit union. The DGS is obliged to issue compensation to verified eligible depositors […]
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Irish Deposits Guarantee – a History

Are My Savings in Ireland Guaranteed? (Updated  Dec 4th  2011 ) A potted history of Irish Banking Guarantees First of all we had the Irish  Deposit Guarantee Scheme (DGS), which covered the first €20,000 per person in all the financial institutions that are authorised by the Irish Financial Services Regulatory Authority to operate in Ireland. […]
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Nyberg Report into Irish Banking Crisis

A report titled   “MISJUDGING RISK: CAUSES OF THE SYSTEMIC BANKING CRISIS IN IRELAND”  has been released this week. It was comissioned  by the last Minister of Finance – Brian Lenihan who set up the “Statutory Commission of Investigation into the Banking Sector in Ireland” There was only one member of this Comission – Mr  Peter […]
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Winding Down of Anglo Irish and Irish Nationwide

The promised “restructuring” of Anglo Irish Bank and Irish Nationwide Building Society (INBS) can now begin after a  A High  Court order was made today (Feb 8th 2011) permitting  an auction of deposits and  assets  in both of the financial institutions. The auction will result in  the deposits and assets in both institutions being transferred […]
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