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Deposit Guarantee Scheme

Dáil Éireann Debate, Thursday - 17 December 2015

Thursday, 17 December 2015

Questions (135)

Michael McGrath

Question:

135. Deputy Michael McGrath asked the Minister for Finance the value of deposits covered by the deposit guarantee scheme; and if he will make a statement on the matter. [45952/15]

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Written answers

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 €89.6bn.

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