The Irish government has decided to increase the statutory limit for the deposit guarantee scheme fo...
The Irish government has decided to increase the statutory limit for the deposit guarantee scheme for banks and building societies from EUR20,000 to EUR100,000 per depositor per institution. The cover will apply to 100% of each individual's deposit. Announcing the decision, the minister for finance, Brian Lenihan TD, said he wanted it to be known that the government is confident about the strength and resilience of the Irish financial system.
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