Hi,
I have read many threads on this and other sites, listened to commentators give their opinions on the economy and what might happen and am confused.
I have 140k on 60 day term deposit in the permanent tsb and am wondering should I transfer it too and guaranteed account ie; an post ( we wont get into the interest rate at this point).
This question is similar to a lot already here but NONE seem to mention ptsb and that makes me more nervous .
Any advice on this institutions stability would be very gratefully appreciated
Thanks in advance.
Not being too dramatic ,I hope , but he's going to say that isn't he ?
I do think hysteria might cause trouble BUT on the other hand if trouble is on the way you want to be one step ahead dont you ?
In relative terms they seem to have a lot more defaulted loans on their balance sheet than Bank of Ireland. It still looks like a manageable amount to my inexpert eye. Now that the taxpayer is guaranteeing deposits up to €100k I've no real worries about sticking with them.