The following table lists Britain's major retail banking groups (separate licences) in terms of the percentage probability that your deposits above the UK compensation limit of £85k and Euro-zone banks 100,000 (current £/E £86k) would be secure in the event of a series of euro-zone debt defaults starting with Greece and that the crisis is contained to these smaller peripheral euro-zone countries i.e. Greece, Portugal and Ireland, if Spain comes under real risk of default then that would require a revaluation of this list as banks such as Santander would come under far greater pressure given exposure to Spanish government debt.
| Banking Groups (separate Licences) | Probability Deposits over £85k are Safe |
|---|---|
| National Savings & Investments | 99% |
| Tesco Bank | 80% |
| HSBC | 75% |
| Co-op | 75% |
| Standard Chartered | 65% |
| Santander Group | 50% |
| Barclays | 35% |
| ING Direct | 25% |
| Nationwide BS | 20% |
| CitiGroup | 20% |
| Lloyds TSB | 10% |
| HBOS | 10% |
| Nat West | 5% |
| RBS | 5% |
| Allied Irish | 1% |
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