guarantee and trusted brands

[iskender]

I was wondering what happens with the Irish Government Bank Guarantee Scheme AFTER December 31st 2010?
Will the deposits under 100,000 eur still be guaranteed?

I am relatively new in Ireland and noticed that 2 recommended institutions for the "Lump Sum Deposits" best buy section were 2 less known names compared with BOI/AIB: Irish Nationwide Building Society, National Irish Bank. How reliable are they?

Thank you very much in advance.

 

[Slim]

In answer to your first question please see the first sticky thread in this forum for some useful information. Slim

 

[Lightning]

I was wondering what happens with the Irish Government Bank Guarantee Scheme AFTER December 31st 2010?
Will the deposits under 100,000 eur still be guaranteed?

Yes.

I am relatively new in Ireland and noticed that 2 recommended institutions for the "Lump Sum Deposits" best buy section were 2 less known names compared with BOI/AIB: Irish Nationwide Building Society, National Irish Bank. How reliable are they?

INBS are state owned/nationalised and need to raise more capital.

NIB are owned by Danske Bank.

 

[iskender]

Thank you very much Slim & CiaranT!

Could I ask a silly question. Reading some posts and threads I noticed that some people try avoiding AIB. What do you think of this bank?

 

[Lightning]

AIB will neither offer you a good return for your money nor are they perceived to be the safest.

Have you read the 3 best buy threads?

 

[Slim]

Thank you very much Slim & CiaranT!

Could I ask a silly question. Reading some posts and threads I noticed that some people try avoiding AIB. What do you think of this bank?

If you check out the threads regarding NAMA and the Banking crisis, you will see that many believe that AIB is a basket case, but anyway why deposit in it when the rates are rubbish? Slim

 

[iskender]

AIB will neither offer you a good return for your money nor are they perceived to be the safest.

Have you read the 3 best buy threads?

Yes, and my attention got caught by Irish Nationwide Building Society, National Irish Bank but the people around me could not give me positive references about them. That's why I am asking around...