The transfer of Irish Nationwide's €4 billion deposits to the EBS, which is on the market, is also being considered.
The future of the EBS sale process is also being discussed.
The Central Bank has said that the brand name of Anglo Irish Bank is expected to disappear in the coming weeks and its deposits will be moved to a separate entity.
However, its loan book will be wound down over a number of years.
In a statement, the bank said Anglo's depositors will remain fully covered by the deposit guarantee.
The announcement comes a day after the Government and the EU announced that funding of €85bn would be provided for Ireland.
Speaking on RTÉ's News At One, Governor of the Central Bank Professor Patrick Honohan said he discussed the winding down of Anglo with one of the international negotiators during the recent talks.
If a person has a Fixed Term Bond until next April with INBS and now that the savings are been moved will the rule still stand that it is fixed or could a person just demand the money instead of it going into EBS.
Surely this breaks the rules of the fixed term by INBS.It should no longer stand as they are been done away with.
Like you megabyte I too have a fixed 1 year saver in iNBS until next March.
Could anyone please advise if Irish Nationwide is be wound up, will be saving still be safe?? where are they likely to transfered too in such a wind up? and would the 3.5% interest that was agreed with the commencement of the one year saving scheme still stand? Or would it in fact now me prudent of me to break the saving scheme, pay the penalty within this in order to ensure that my saving are now safely in my hands??
appreciate your views
But if you have deposits in both institutions and they merge you would end up with two deposits in the now merged entity, maybe in excess of the governments guarantee?
But if you have deposits in both institutions and they merge you would end up with two deposits in the now merged entity, maybe in excess of the governments guarantee?
The plan will detail issues such as how to transfer Anglo Irish Bank's 14 billion euros deposits and Irish Nationwide's 4 billion elsewhere within the banking system.
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