In many jurisdictions retail deposits with banks are guaranteed by one of the government, a government-backed or a government-endorsed entity. Sometimes these deposit guarantors, also known as deposit insurers, fund themselves with a levy on banks. If the deposit guarantor is not the central bank, the finance ministry, or the government's debt office, it should be listed here.
Related categories 5
Sites 14
- Slovakia - Deposit Protection Fund The fond ochrany vkladov, providing protection to depositors in Slovakia.
- Japan - Deposit Insurance Corporation of Japan Guarantees up to a maximum principal of ¥10 million per depositor per financial institution, plus interest. For current deposits, until end March 2005, the full amount is protected.
- France - Fonds de Garantie des Dépôts Compensates depositors of an institution which can no longer meet its liabilities, up to a limit of 70,000 per depositor.
- Argentina - SEDESA Seguro de Depósitos Sociedad Anónima, which administers as trustee the Deposit Guarantee Fund.
- Mexico - Institute for the Protection of Bank Savings (IPAB) Gives statutory foundation, details of insurance, financial statements, and names of directors. [English/Spanish]
- United States - Federal Deposit Insurance Corporation Federal deposit insurance protects the first $100,000 of deposits that are payable in the United States.
- Taiwan - Central Deposit Insurance Corporation Site has some statistics relating to insured deposits, and more information in Chinese.
- Korea Deposit Insurance Corporation Protects principal and interest of insured deposits up to KRW 50,000,000.
- Philippine Deposit Insurance Corporation Deposits insured up to P 100,000.
- Bulgaria - Deposit Insurance Fund Undertakes to pay in full the deposit amounts of legal entities and physical persons up to BGN 15,000.
- Hungary - Országos Betétbioztosítási Alap National Deposit Insurance Fund, which guarantees deposits up to one million forints.
- International Association of Deposit Insurers IADI contributes to the stability of financial systems by promoting international cooperation and encouraging international contact among deposit insurers.
- Trinidad and Tobago - Deposit Insurance Corporation Manages a Fund to provide insurance for depositors should a member financial institution fail; includes mission, functions, resources, and contacts.
- Sweden - Insättningsgaratinämnden The Deposit Guarantee Board covers deposits in banks and in securities firms up to SEK 250,000 for each client.