Halifax Opts out of Irish Government Guarantee?

Yellow Belly

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If Halifax have opted out of the Irish Government Guarantee Scheme- what protection does this leave deposit holders with this institution?

If they are covered by The British Government- what amount is protected?
 
Hbos is also being married off to Lloyds/tsb which will be completed in January. After that Her Majesty will own approx 40% of the new enlarged bank. So i suppose at that stage they are pretty safe.
 
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