26/11/2010

- Bank Guarantee Extended to next June (2011)

Information notice on the extension of the Credit Institutional     (Eligible Liabilities Guarantee) Scheme 2009(‚ÄúELG Scheme‚ÄĚ)

The European Commission announced on the 10th November that it had approved the extension of an Irish Bank Guarantee System until June 30th next year.

The guarantee, which is subject to Commission review and approval every six months, was set to run out on December 31st this year. It has now been extended to June 30th next year.

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