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A revised Government Guarantee scheme (2010 Eligible Liabilities Guarantee (ELG) Scheme) has been implemented which in effect is an extension of the Government Guarantee scheme that is due to expire on the 28th September 2010.
This scheme as before covers 100% of deposits during the term to 28th September 2015. This includes personal and pension monies. Thus far the following institutions have been accepted into the new scheme:
| Institution |
Date of Acceptance |
| Irish Life and Permanent plc |
04/01/2010 |
| Irish Permanent (IOM) Limited |
04/01/2010 |
| Bank of Ireland |
11/01/2010 |
| Bank of Ireland Mortgage Bank |
11/01/2010 |
| The ICS Building Society |
11/01/2010 |
| Bank of Ireland (IOM) Limited |
11/01/2010 |
The other institutions which were previously covered under the Government guarantee i.e. Anglo Irish Bank, Anglo, AIB, Irish Nationwide, Post Bank and EBS are awaiting acceptance to the scheme. These institutions being accepted will be known by the 15th February.
Please check the Resources section of our website for the updated deposit rates for Irish institutions.
Last Updated: 21st January 2010
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