ICICI and Anglo Irish

agrima

I have a fixed year bond with The Leeds which comes to an end on 2nd Feb and their new accounts are only paying 2.75%. I had considered putting the same for another year with either ICICI or Anglo Irish Bank but in the light of recent events and having read various reports on both these banks I am a little unsure. Has anyone any strong views one way or another?

soulsaver

These questions get posed on here all the time. You'll get doom & gloom from some respondents and blue sky from others, depending on their own take on what's going on. Now some of them will be well researched, but that may not make them right. And some of the doomsters tend to chuck in all sorts of nonsense; however their predictions could still be right. Truth is nobody knows for sure, so it will really depend on your attitude to risk and what you choose to believe. If you are an anxious type who'll lose sleep over it then go for NR. If you think inflation'll take off NS&I. If you prefer to trust the FSCS to able to cover a collapse ICICI. Or if you think the Irish economy is safe for 12 months then Anglo seems rock solid.
Where is the fence sitting smiley?