DUBLIN, Sept 30 Ireland's government said on
Tuesday it would start a guarantee arrangement to safeguard all
deposits at six financial institutions in response to turmoil in
the international financial markets.
The scheme, which starts immediately and expires in Sept.
2010, applies to Allied Irish Bank (ALBK.I), Bank of Ireland
(BKIR.I), Anglo Irish Bank ANGL.I, Irish Life and Permanent
IPM.I, Irish Nationwide Building Society and the Educational
Building Society, the government said.
"The guarantee is being provided at a charge to the
institutions concerned and will be subject to specific terms and
conditions so that the taxpayers' interest can be protected," it
said in a statement.
(Reporting by Andras Gergely)