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Dublin: 1 °C Monday 21 October, 2019

#Deposit Guarantee Scheme

From TheJournal.ie Central Bank tenders €4.5 million contract for 'business partner' to provide support if a bank goes bust Deposit Guarantee Scheme

Central Bank tenders €4.5 million contract for 'business partner' to provide support if a bank goes bust

The successful tenderer will help the Central Bank administer the provisions of the Deposit Guarantee Scheme of €100,000.

From TheJournal.ie The Central Bank sent €10 million to Berehaven Credit Union depositors last night Payback

The Central Bank sent €10 million to Berehaven Credit Union depositors last night

That’s 85% of members of the liquidated credit union.

From TheJournal.ie Central Bank reassures IBRC customers they will be repaid Promissory Notes

Central Bank reassures IBRC customers they will be repaid

The banks said all eligible deposits under its guarantee scheme will be covered up to a limit of €100,000 per person.