Should we be concerned about the safety of term deposits with Irish Nationwide and Anglo ! These banks seem very unstable
I think that they would be quite safe.Especially Anglo beause it is owned by the governemnt now
"I want to stress that, of course the ordinary Deposit Guarantee Scheme that covers €100,000 per depositor per institution is in place and will continue on a permanent basis. Nothing in today’s announcement changes that position."
Quote from Brian Lenihan, Mar 2010
Yes.. but we keep hearing calls for anglo to be shut down!
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