ELG

 

What’s Happening with the Bank Guarantee?

Next week (28th March ) the   Eligible Liabilities Guarantee is ending - this is the one that covers most deposits over €100,000. We wrote about the possible ending of this guarantee back in Nov 2012 The Dept ...
Read More

ELG Could End in 2013

In October  the Deputy Governor of the Central Bank of Ireland hinted that the bank guarantees could end soon . He said  ".. in my view we are getting close to the position where the changing circumstances arising ...
Read More

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 ...
Read More

Extension of Irish Bank Guarantee

THE Irish Government Eligible Liabilities bank guarantee was  extended to the end of December 2012  in 2011. Approval from the EU commission was only  in place up to the end of June 2012 - but  on 6th June ...
Read More