From reading some of the theads on AAM and newspapers, there are some speculating the Anglo Irish is the likeliest Irish bank to go under. I've also seen that their share price dropped below €1. I have been strongly thinking about removing €19,500 from their 5.5% Premium Demand account and moving it to my RaboDirect 4.3% deposit account.
I know Anglo deposits are now government backed up to €100,000 but I don't know how messy it could be to get my money back if Anglo were to go under. Has anybody else withdrawn from Anglo? I am not encouraging a run on the bank but I just want to make sure my money is in the safest place possible. I'd rather safety over high interest rates in the present climate.
Is Rabo the safest place at present for Irish deposits? Are they in any difficulty?
I know Anglo deposits are now government backed up to €100,000 but I don't know how messy it could be to get my money back if Anglo were to go under. Has anybody else withdrawn from Anglo? I am not encouraging a run on the bank but I just want to make sure my money is in the safest place possible. I'd rather safety over high interest rates in the present climate.
Is Rabo the safest place at present for Irish deposits? Are they in any difficulty?