IBRC deposit-holders will be paid up to €100,000 limit: Central Bank

on 07/02/2013 09:26:39

The Central Bank has moved to reassure remaining IBRC deposit-holders they will be paid under the liquidation programme arranged last night and into the early hours of today.

"The Central Bank will arrange the repayment of duly verified and eligible deposits, up to a limit of €100,000 per person, to eligible depositors at IBRC," it said.

"Depositors do not need to take any action; the Central Bank will make payments directly by cheque where applicable."

Money is expected to be paid out over the coming weeks.

Emergency legislation to liquidate the former Anglo Irish Bank was rushed through the Dáil overnight, ahead of an expected announcement on bank debt deal for Ireland today.