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Financial Institutions Support Scheme.

Dáil Éireann Debate, Wednesday - 25 February 2009

Wednesday, 25 February 2009

Questions (93)

Eamon Gilmore

Question:

122 Deputy Eamon Gilmore asked the Minister for Finance if a category of saving product (details supplied) is covered by the State guarantee. [7765/09]

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Written answers

The product in question is not covered by the Bank Guarantee Scheme. It is not a deposit product; returns are based on movements in the equity market and investors are not entitled to compensation for any losses incurred.

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