Michael McGrath (Cork South Central, Fianna Fail)
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138. To ask the Minister for Finance the number of deposits covered by the deposit guarantee scheme; and if he will make a statement on the matter. [49311/14]

Michael Noonan (Limerick City, Fine Gael)
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The Central Bank of Ireland is responsible for the operation of the Deposit Guarantee Scheme (DGS), which covers licensed credit institutions operating in the State.

The DGS covers deposits up to € 100,000 per eligible depositor per credit institution. The amount of covered deposits currently stands at approximately €85bn.