Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

List of banking licenses

  • 10-01-2014 9:43pm
    #1
    justforgroups
    Registered Users, Registered Users 2 Posts: 164 ✭✭


    Hi,
    The €100k guarantee only relates to banking groups or more accurately, banking licenses, not necessarily per bank.

    So is there a list of Irish Bank Trading Names and Bank Deposit taking Licence they trade under?

    For example (this not a true case, just for example): PTSB and BoI have different trading names but trade under the same license: thus only the sum of €100k in these banks will be covered - not €100k per bank.

    This is vitally important to know to safeguard savings. I found a list of UK banks easily enough but the Irish ones seem a lot harder to track down!

    Thanks in advance.
    Tagged:


Comments

  • #2
    JTMan
    Registered Users, Registered Users 2 Posts: 5,558 ✭✭✭JTMan


    1. EBS
    2. AIB (separate license) (includes Anglo acquired deposits)
    3. BoI.
    4. ICS (ICS might close this year).
    5. PTSB (includes Northern Rock and INBS acquired deposits)
    6. KBC (includes former IBB deposits).
    7. Ulster Bank (includes former First Active deposits).
    8. RaboBank (trades as RaboDirect).
    9. Leeds Building Society Ireland.
    10. Investec.
    11. Nationwide UK Ireland.
    • There are 11 retail deposit takers in Ireland with segregated licenses as per the above. However, technically speaking ACCBank and Danske still have a license as well.
    • There are 9 retail banks operating in Ireland. BoI own ICS. AIB own EBS.
    • There are several other banks that take corporate deposits only.
    • The NTMA take 'deposits' via investments in Irish sovereign debt.


Advertisement