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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Northern Rock Ireland to be Sold to PTSB

Permanent TSB  has entered into an agreement to take over the accounts of  Northern Rock Ireland (NRI)  Northern Rock Ireland savings accounts are currently about €650 million –  representing less than 5pc of Northern Rock’s total retail deposits . The sale to Permanent TSBb is expected to be completed by the end of the year […]
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Irish fear for the safety of their deposits in banks.

Foreign-owned  banks with operations in Ireland  have reported large cash inflows in recent weeks – as AIB also reported large amounts of withdrawals Roel van Veggel, the head of RaboDirect said that the bank  saw substantial increases in call volumes, new account openings and money inflow. Deposits in Rabodirect are guaranteed by the Dutch Central […]
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