AIB: 21 Billion EUR of Customer Deposits Withdrawn in 2010

L

Lightning

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The deposit flight from Irish banks continues unabated with the full carnage of 2010 coming to light.

21,000,000,000 EUR of deposits have been taken out of AIB in 2010, according to their own results.

http://namawinelake.wordpress.com/2...-state-bailout-and-this-is-not-an-irish-joke/


The vast majority of the decline in deposits took place from July 2010 onwards.
 
I would expect that to continue....we are told how bank liabilities are inextricably linked now to our sovereign debt, well the opposite also holds and as long as there is bad news about the State it will knock any green shoots of confidence in the "pillar" banks...i for one will removing what remains of my deposits from AIB.
 
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