National Irish Bank is part of a strong, well capitalised international banking group.
About National Irish Bank
Danske Bank A/S trades in Ireland through its branch, National Irish Bank. Danske Bank is the biggest bank in Denmark and one of Europe's strongest and best capitalised financial institutions.
We provide a wide range of financial solutions for corporates, businesses and individuals looking for a safe and secure home for their surplus funds. Longer-term options are also available for those wishing to gain greater returns.
We believe that we have the best eBanking facilities in the marketplace allowing you to access and manage your funds directly and easily in a convenient way. Leading-edge online share trading and international cash management, as well as the full suite of transactional banking services, are also available from us.
National Irish Bank benefits from the strong capital and credit ratings of Danske Bank:
- Capital strength: Capital is generally measured in terms of Tier 1 capital and solvency ratios. At the end of 2011, Danske had total tier 1 capital and total capital ratios of 16.0% (14.8% in 2010) and 17.9% (17.7% in 2010).
- Credit rating: Danske Bank's current ratings by the leading rating agencies (Moody's, Standard & Poor's and Fitch) are summarised in the table below.
| Long-term |
Baa1 |
A- |
A |
| Short-term |
P-2 |
A-2 |
F1 |
More information on our credit ratings can be found at Danske Bank Group's investor relations website.
In addition, your savings and deposits are protected under two schemes.
Deposit Protection Schemes
All deposit accounts with National Irish Bank are covered, through combined protection under the Danish Guarantee Fund for Depositors and Investors and the Irish Deposit Protection Scheme, up to a maximum of €100,000 per depositor.
National Irish Bank's participation in the Irish Deposit Protection Scheme is listed on the consumer website www.itsyourmoney.ie
So, customer savings and deposits in National Irish Bank/Danske Bank are both safe and secure.
Further information
Further information on the Irish Deposit Protection Scheme can be found here
Further information on Deposit Protection can be found on National Irish Banks brochure here.
Further information on the Danish Guarantee Fund for Depositors and Investors can be found here
If you would like to talk to us about savings or deposits you can contact us. Corporate/Institutional customers can contact Danske Markets at +353 1 523 3100.
This document is not intended as legal advice and should not be relied upon as same. This information is correct as of the 31st of May, 2012.