Written answers
Wednesday, 2 November 2011
Department of Finance
Bank Guarantee Scheme
8:00 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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Question 25: To ask the Minister for Finance the date from which the banking guarantee applied to each of the six covered institutions. [31941/11]
Michael Noonan (Limerick City, Fine Gael)
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The Eligibility Liabilities Guarantee (ELG) Scheme commenced on the 9th December 2009. The banking guarantee applied to each of the six participating institutions from the dates shown in the table.
Participating Institution | Subsidiaries | Date joined the ELG Scheme |
Irish Life and Permanent plc | 04/01/2010 | |
Irish Permanent (IOM) Limited | 04/01/2010 | |
Bank of Ireland | 11/01/2010 | |
Bank of Ireland (IOM) Limited | 11/01/2010 | |
Bank of Ireland (UK) plc | 27/07/2010 | |
Bank of Ireland Mortgage Bank | 11/01/2010 | |
The ICS Building Society | 11/01/2010 | |
Allied Irish Banks plc | 21/01/2010 | |
AIB Group (UK) plc | 21/01/2010 | |
AIB Bank (CI) Limited | 21/01/2010 | |
AIB Banks North America Inc. | 21/01/2010 | |
AIB International Savings Ltd. | 28/01/2010 | |
The EBS Limited | 01/02/2010 | |
Anglo Irish Bank Corporation Ltd. * | 28/01/2010 | |
Irish Nationwide Building Society * | 03/02/2010 | |
Irish Nationwide (IOM) Building Society * | 03/02/2010 |
* Anglo Irish Bank Corporation Limited and Irish Nationwide have merged into a new entity known as the Irish Bank Resolution Corporation Limited and continue to be covered under the ELG.
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