Information on Deposit Guarantee

05.04.16

Information on the Deposit Guarantee Scheme

The Deposit Guarantee Scheme (DGS) protects depositors in the event of a bank, building society or credit union  authorised by the Central Bank of Ireland being unable to repay deposits.

It protects:                

  • Up to €100,000 per person per institution
  • Current accounts, deposit accounts, share accounts in banks, building societies and credit unions

The Irish DGS protects deposits held at EU branches of authorised Irish institutions. Deposits held with credit institutions that are authorised in another European Economic Area Member State are covered by that country’s deposit guarantee scheme.

More information can be found on the Deposit Guarantee Scheme website.

 

 

Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009 - "the ELG Scheme"

This paper - POLICY PERSPECTIVES SERIES THE ELIGIBLE LIABILITIES GUARANTEE SCHEME (ELG) - examines the ELG scheme from its start to finish and also looks at how it operated and the costs and benefits associated with the ELG scheme.

 

Historical Information

Click here for details of the decision to end the Bank Guarantee (the Eligible Liabilities Guarantee Scheme (ELG) Scheme) from midnight on the 28th March 2013.

Click here  Information Note on EU Commission approval for the extension of the ELG scheme

Click here SI 519 of 2012  Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2012

Click here SI 520 of 2012  Credit Institutions (Financial Support) (Financial Support Date (No.2) Order 2012

Click here SI 521 0f 2012  Credit Institutions (Financial Support) (Financial Support Period) (No.2) Order 2012

Click here  SI 634 of 2011 Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2011

Click here  SI 635 of 2011 Credit Institutions (Financial Support) (Financial Support Period) (No.2) Order 2011

Click here  SI 636 of 2011 Credit Institutions (Financial Support) (Financial Support Date) (No.2) Order 2011

Click here for notice for consumers on the extension of the (Eligible Liabilities Guarantee) Scheme 2009

Click here for SI 546 of 2010 Credit Institutions (Eligible Liabilities Guarantee) (Amendment) (No.2) Scheme 2010

Click here for Rules of the scheme effective from 26 February 2012

Click here for Rules of the scheme effective from 7 February 2013

Click here for Rules of the scheme effective from 1 January 2013

Click here for Rules of the scheme effective from 1 July 2011

Click here for Rules of the scheme effective from 1 January 2012

Click here for Rules of the Scheme effective from the 1 July 2012

Click here for SI 224 of 2012  Credit Institutions (Financial Support) (Financial Support Period) Order 2012

Click here for SI 225 of 2012 Credit Institutions (Financial Support) (Financial Support Date) Order 2012

Click here for SI 256 of 2011 Credit Institutions (Financial Support) (Financial Support Date) Order 2011

Click here for SI 257 of 2011 Credit Institutions (Financial Support) (Financial Support Period) Order 2011

Click here for SI 548 of 2010 Credit Institutions (Financial Support) (Financial Support Date) (No.2) Order 2010

Click here for SI 547 of 2010 Credit Institutions (Financial Support) (Financial Support Period) (No.2) Order 2010

Click here for List of participating Institutions

Click here for SI 470 of 2010 Credit Institutions (Eligible Liabilities Guarantee) (Amendment) Scheme 2010

Click here for SI 471 of 2010 Credit Institutions (Financial Support) (Financial Support Date) Order 2010

Click here for SI 472 of 2010 Credit Institutions (Financial Support) (Financial Support Period) Order 2010

Click here for SI 490 of 2009 - CREDIT INSTITUTIONS (ELIGIBLE LIABILITIES GUARANTEE) SCHEME 2009

Click here for RULES OF THE CREDIT INSTITUTIONS (ELIGIBLE LIABILITIES GUARANTEE) SCHEME 2009

Click here for SI 488 of 2009 - CREDIT INSTITUTIONS (FINANCIAL SUPPORT) (FINANCIAL SUPPORT DATE) ORDER 2009

Click here for SI 489 0f 2009 - CREDIT INSTITUTIONS (FINANCIAL SUPPORT) (FINANCIAL SUPPORT PERIOD) ORDER 2009

Click here for SI505 of 2009 - NTMA ACT 1990 (CREDIT INSTITUTIONS (FINANCIAL SUPPORT) ACT 2008) DELEGATION OF FUNCTIONS ORDER 2009

Details of debt liabilities guaranteed under the ELG Scheme and other materials are available on the website of the Scheme Operator (the NTMA) here

 

Credit Institutions (Financial Support) Scheme 2008

Click here for FAQ re Credit Institutions (Financial Support) Scheme 2008

Click here to access SI 411 of 2008 - Credit Institutions (Financial Support) Scheme 2008

Click here for Market Notice - Confirmation of State Guarantee

Click here for Orders signed by the Minister under section 6(1) of the Act confirming the institutions covered under the Scheme.

Click here for List of 'Covered Institutions' under the Scheme

Click here for Credit Institutions (Financial Support) Act 2008

Click here for Explanatory Memo for Credit Institutions (Financial Support) Bill (Act) 2008

Click here for Credit Institutions (Financial Support) Scheme Dividend Rules [Feb 2017]