A
Hi all, I just read an article about bank solvency. It relates to the dangers associated with the increased exposure to the construction over the past few years... surprise surprise. Anyone have information on how safe are our deposits/investments with irish banks? Autotroph!
Check out the credit/financial ratings of the various institutions based or operating in Ireland.
I'm not sure if this is the same article or not but there is a piece by Richard Douthwaite in the March/April 08 issue of Construct Ireland magazine (there's no sign of it on their website yet ) which would certainly make you consider just how stable the Irish banking system is at the moment. There is also a link at the end to a piece by Morgan Kelly, Professor of Economics in UCD which is [broken link removed]. You'll need a PDF reader to read it which you can get for free from www.adobe.com if you haven't got one.
Interesting reading if nothing else.
Is there a likelihood of a bit of a run on Irish banks when they open tomorrow? My confidence is certainly shaken and I will be taking steps tomorrow.
Slim
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?