The chief executive of Anglo Irish Bank, Mike Aynsley, has written to the bank's customers in a bid to reassure them that their deposits will remain safe.
He referred to recent statements that deposits in Anglo would be transferred to another bank. Mr Aynsley said no formal decisions on this had been made yet, and would be made only after 'proper consideration and approval' by the Central Bank, the Government and the EU. He said there would also be full consultation with customers.
But the Anglo chief executive said any transfer of deposits would need to be considered in the context of the best service for depositors in the current environment and the best location for them in order to help stabilise the financial sector.
Mr Aynsley said the bank would not be closing by the end of January, but there was a plan to change its name.
