Thomas Byrne (Meath East, Fianna Fail)
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Question 226: To ask the Minister for Finance the deposit protections available to retail depositors in an organisation (details supplied) [35953/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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All retail depositors (including depositors of the named institution) are covered by the Deposit Guarantee Scheme which covers all deposits per person, per institution indefinitely to a maximum of €100,000.

Eligible deposits in banks which have joined the Eligible Liabilities Guarantee Scheme are fully guaranteed to the end of December 2010 under that scheme. The Deputy should also note that fixed term deposit accounts are covered for up to five years as long as the deposit is made before 31 December 2010 and the institution is a member of the scheme on the date the deposit is made. Further details, including a list of participating institutions, can be found on the National Consumer Agency's dedicated website at www.itsyourmoney.ie