What level of protection is there for my deposits?
Following announcements from the Minister for Finance on the 20 September 2008 (relating to the deposit protection scheme), and on the 24 October and 5 November 2008 (relating to the government guarantee scheme) - we understand the levels of protection in place are as set out below.
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Irish Government Bank Guarantee Scheme - Irish Government guarantees all deposits |
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Name of institution
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Regulator |
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Allied Irish Banks plc (AIB) |
Financial Regulator |
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Anglo Irish Bank Corp. |
Financial Regulator |
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Bank of Ireland (The Governor and Company of Bank of Ireland) |
Financial Regulator |
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EBS Building Society |
Financial Regulator |
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ICS Building Society (also trades as The Mortgage Store) |
Financial Regulator |
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Irish Life & Permanent plc (Permanenttsb) |
Financial Regulator |
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Irish Nationwide Building Society |
Financial Regulator |
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Postbank Ireland Limited |
Financial Regulator |
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What about other desposit-taking institutions? |
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Credit Unions |
Financial Regulator |
Irish Deposit Protection Scheme – 100% of deposits up to max. €100,000 Full details here |
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Post Office Savings Bank Note: See Postbank above. |
State body |
Irish Government guarantees all deposits |
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Banks covered by the Irish Deposit Protection Scheme (max. €100,000) |
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ACC Bank plc |
Financial Regulator |
Irish Deposit Protection Scheme – 100% of deposits up to max. €100,000 Full details here |
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Bank of Scotland (Ireland) Limited t/a Halifax |
Financial Regulator |
Irish Deposit Protection Scheme – 100% of deposits up to max. €100,000 Full details here |
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Danske t/a National Irish Bank |
The Danish Financial Regulator |
Danish scheme covers up to Kr300,000 or approx. €40,000. Irish Deposit Protection Scheme covers the balance up to max. €100,000. Full details here
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First Active plc |
Financial Regulator |
Irish Deposit Protection Scheme – 100% of deposits up to max. €100,000 Full details here |
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KBC Bank Ireland plc (formerly IIB Bank plc) |
Financial Regulator |
Irish Deposit Protection Scheme – 100% of deposits up to max. €100,000 Full details here |
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Pfizer International Bank Europe |
Financial Regulator |
Irish Deposit Protection Scheme – 100% of deposits up to max. €100,000 Full details here |
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Ulster Bank Ireland Limited |
Financial Regulator |
Irish Deposit Protection Scheme – 100% of deposits up to max. €100,000 Full details here |
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There are other banks in the Irish Deposit Protection Scheme. You can get a full list of them in section 1 of the list of authorised credit institutions |
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Investec Bank plc |
The UK FSA | Financial Services Compensation Scheme
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Leeds Building Society |
The UK FSA |
Financial Services Compensation Scheme
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| Nationwide Building Society | The UK FSA | Financial Services Compensation Scheme
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Northern Rock |
The UK FSA |
Deposits held with Northern Rock are guaranteed by the Bank of England and HM Treasury. |
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RaboDirect |
The Dutch Central Bank |
Dutch Deposit Guarantee Scheme
100% of the first €100,000 per person. This applies from 7 October 2008.
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