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WE GUARANTEE SECURITY OF DEPOSITS
IN BANKS AND CREDIT UNIONS
UP TO 100 THOUSAND EUROS

News

Summary of MREL methodology for banks in 2018

26.11.2018

Having regard to the minimum requirement for own funds and eligible liabilities (MREL) setting experience gained in 2017  and as a result of analysis conducted during the 2018 planning cycle, the Bank Guarantee Fund revised...

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Payouts of guaranteed funds in years 2014-2017 and the size of the BFG funds

10.07.2018

During the period of 2014-2017, the Bank Guarantee Fund (BFG) paid out PLN 4.326 bln of guaranteed funds to depositors of 11 failed credit unions and PLN 2.174 bln to depositors of two failed cooperative banks. Total...

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The methodology for calculating MREL

21.07.2017

During the meeting with representatives of commercial banks sector the Bank Guarantee Fund has presented details of methodology for calculating the minimum requirement for own funds and eligible liabilities (MREL). A...

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Signing the EFDI Cooperation Agreement under Article 14(5) of Directive 2014/49/EU/ of 16 April 2014 on deposit guarantee schemes

07.12.2016

On November 28th 2016, the Bank Guarantee Fund (BFG) signed the EFDI multilateral cooperation agreement between deposit guarantee schemes under Article 14(5) of Directive 2014/49/EU of 16 April 2014 on deposit guarantee...

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The Act on the Bank Guarantee Fund, Deposit Guarantee Scheme and Resolution entered into force

20.10.2016

On 9 October 2016 entered into force the Act on the Bank Guarantee Fund, Deposit Guarantee Scheme and Resolution (the Act on BFG). Under the new Act on BFG the Fund has gained new powers enabling to carry out a resolution...

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BFG and IMF co-organize bank resolution workshop

29.03.2016

On 21-23 March 2016, the Bank Guarantee Fund (BFG) and the International Monetary Fund (IMF) co-organized a workshop on resolution of credit institutions (i.e. banks and credit unions) that are subject to statutory...

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New 3-year Term for BGF Management Board

24.03.2016

On 23 March 2016, the Council of the Bank Guarantee Fund appointed the Management Board of the Fund for a three-year term, commencing on 2 April 2016, with the following composition: Zdzislaw Sokal – President of the...

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47th Executive Council Meeting of the International Association of Deposit Insurers (IADI)

15.03.2016

On 7-9 March 2016, the 47th Executive Council (EXCO) Meeting of the International Association of Deposit Insurers (IADI) was held at the Bank for International Settlements in Basel, Switzerland, accompanied by a series of...

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Appointment of Zdzislaw Sokal as Member of the BFG Management Board

29.02.2016

    On 29 February 2016 the BFG Council expanded the composition of the BFG Management Board. Mr. Zdzislaw Sokal was appointed to the post of Member of the Management Board of the Bank Guarantee Fund, effective...

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BFG President Delivers Keynote at the "9th DICJ Round Table" International Conference

22.02.2016

On 17 February 2016, Mr. Jerzy Pruski, President of the Management Board of the Bank Guarantee Fund, delivered a keynote address on the topic of global macroeconomic challenges for financial stability and deposit insurance...

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