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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Irish Nationwide
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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Mortgage Rates Rising
Several Irish mortgage lenders have announced mortgage rate rises in recent days – PTSB will be increasing their standard variable rate from 4.19% to 5.19% in March 2011. PTSB has already increased its fixed interest rates for existing mortgage holders, coming off fixed rates. The 2-year rate rises from 5.25% to 7.25% , the 5-year […]
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