ACCBank reassures customers over accounts

Following widespread comment and reaction to the Government’s move today to guarantee the deposits and loans of six Irish financial institutions, ACCBank have moved to reassure their customers over the safety of their money.

The bank said they can be reassured that their bank is a wholly owned subsidiary of Rabobank, a Netherlands-based bank with a 'AAA' rating - the highest possible rating and one which Rabobank has held for the last 27 years.

Recently, Rabobank was voted the world’s safest privately owned bank by Global Finance Magazine.

According to ACCBank, Rabobank has made the top list of World’s safest banks for 10 consecutive years and measured by its core capital, Rabobank is one of the world's top twenty largest financial institutions.

ACCBank customers with deposits in the bank are also covered by the Government’s deposit guarantee on amounts up to €100,000.