WE GUARANTEE SECURITY OF DEPOSITS
IN BANKS AND CREDIT UNIONS
UP TO 100 THOUSAND EUROS
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...
Read more10.07.2018
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...
Read more21.07.2017
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...
Read more07.12.2016
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...
Read more20.10.2016
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...
Read more29.03.2016
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...
Read more24.03.2016
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...
Read more15.03.2016
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...
Read more29.02.2016
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...
Read more22.02.2016
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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