|
Notifications on resolution cases and use of DGS funds
 Related documents:
The EBA acts as a central hub for information on crisis prevention, management and resolution of credit institutions in the Union based on the notifications received from the respective national authorities regarding (i) resolution actions taken in relation to an institution, (ii) any determination of unavailability of deposits and DGSs' pay-outs, (iii) any use of DGSs' funds to finance measures in order to prevent the failure of an institution, and (iv) any use of DGSs' funds to finance measures to preserve access of depositors to their covered deposits in insolvency. The EBA publishes the notifications received from both resolution and DGS designated authorities on its website in order to ensure information is easily accessible by the public. The European Banking Authority is responsible only for the accurate reproduction of the information received from national authorities, while responsibility for the accuracy of its content, lies with those national authorities. Resolution cases Notifications from Finansiel Stabilitet on its two decisions related to the resolution of Københavns Andelskasse The European Banking Authority (EBA) has received two notifications from Finansiel Stabilitet regarding its decisions (first decision and second decision) on the resolution of Københavns Andelskasse. 08/10/2018 The EBA has received notification from the Fondo de Reestructuración Ordenada Bancaria (the Fund for Orderly Bank Restructuring, FROB) regarding resolution actions taken by the Single Resolution Board and the FROB in respect of Banco Popular Español. 16/06/2017 The European Banking Authority (EBA) has received a notification from the Baca d'Italia (Bank of Italy) regarding the updated resolution strategy for four banks (the Banca delle Marche, Banca Popolare dell'Etruria e del Lazio, Cassa di Risparmio di Ferrara and Cassa di Risparmio della Provincia di Chieti) which have been put under resolution on 25 November 2015. To find out more about the decision, click here. To find out more about the previous decisions taken regarding resolution of these banks, click here. 05/06/2017 The European Banking Authority (EBA) has received a notification from the Magyar Nemzeti Bank (the Central Bank of Hungary) regarding the termination of the resolution of MKB Bank Zrt. To find out more about the previous decisions taken regarding the resolution of MKB Bank Zrt, click here. 04/07/2016 The EBA has received a notification from the Bank of Greece in relation to the termination of the resolution of Cooperative Bank of Peloponnese Coop Ltd. The EBA has received a notification from the Austrian Financial Market Authority (Finanzmarktaufsicht, FMA), in its capacity as Resolution Authority, in relation to the application of resolution measures to Heta Asset Resolution AG. 11/04/2016 The EBA has received a notification from Finansiel Stabilitet (Danish Resolution Authority) in respect of the sale of Andelskassen J.A.K. Slagelse, an institution that was put under its control in the context of the application of resolution measures. 23/02/2016 The EBA has received a notification from Banco de Portugal on the completion of the resolution of Banco Espírito Santo through the re-transfer of five senior bonds from Novo Banco to Banco Espírito Santo. The EBA acknowledges notification from the Portuguese Government and Banco de Portugal with respect to their decision on the the sale and resolution of Banco Internacional do Funchal, S.A (BANIF). The press release of Banco de Portugal on the sale of Banif - Banco Internacional do Funchal, S.A can be found here. 21/12/2015 The EBA acknowledges notification from the Bank of Greece with respect to Panellinia Bank S.A. Liquidation cases with DGS payouts The EBA has received a notification from the Tagatisfond (the Estonian Deposit Guarantee Scheme) in relation to the determination of the unavailability of deposits at Versobank AS which required the use of DGS funds to reimburse 3606 depositors. The guaranteed deposits amounted to EUR 93.4 million. Click here to view the notification letter. 27/03/2018
The EBA has received a notification from the State Agency for Deposit Insurance and Bank Resolution in Croatia in relation to the determination of the unavailability of deposits at Tesla štedna banka d.d. which required the use of DGS funds to reimburse 7 depositors. The guaranteed deposits amounted to EUR 1364.59. Click here to view the notification letter. 26/02/2018 The EBA has received a notification from the Conseil de protection des déposants et investisseurs (Luxembourg Deposit Guarantee Fund) in relation to the determination of the unavailability of deposits at ABLV Bank Luxembourg S.A. which required the use of DGS funds. Click here to view the notification letter. 24/02/2018 The EBA has received a notification from Indėlių ir investicijų draudimas (the Deposit and Investment insurance) in Lithuania in relation to the determination of the unavailability of deposits at Taupkasė credit union which required the use of DGS funds to reimburse 2572 depositors. The guaranteed deposits amounted to EUR 18.68 million. Click here to view the notification letter. 27/02/2018
The EBA has received a notification from Indėlių ir investicijų draudimas (the Deposit and Investment insurance) in Lithuania in relation to the determination of the unavailability of deposits at Centro taupomoji kasa credit union which required the use of DGS funds to reimburse 1000 depositors. The guaranteed deposits amounted to EUR 10.56 million. Click here to view the notification letter. 08/02/2018
The EBA has received a notification from Indėlių ir investicijų draudimas (the Deposit and Investment insurance) in Lithuania in relation to the determination of the unavailability of deposits at Vilniaus kreditas credit union which required the use of DGS funds to reimburse 1247 depositors. The guaranteed deposits amounted to EUR 20.4 million. Click here to view the notification letter. 01/12/2017
The EBA has received a notification from Indėlių ir investicijų draudimas (the Deposit and Investment insurance) in Lithuania in relation to the determination of the unavailability of deposits at Baltija credit union which required the use of DGS funds to reimburse 967depositors. The guaranteed deposits amounted to EUR 8.61 million. The EBA received a notification about the use of DGS funds to reimburse additional 58 depositors whose guaranteed deposits amounted to EUR 2.9 million. In total, the credit union therefore possessed 1025 depositors with guaranteed deposits amounting to EUR 11.51 million. Click here to view the initial notification letter. 01/12/2017
The EBA has received a notification from the Indėlių ir investicijų draudimas (the Deposit and Investment insurance) in Lithuania in relation to the determination of the unavailability of deposits at Namų credit union which required the use of DGS funds to reimburse 319 depositors. The guaranteed deposits amounted to EUR 1.09 million. The EBA received a notification about the use of DGS funds to reimburse additional 10 depositors whose guaranteed deposits amounted to EUR 0.29 million. In total, the credit union therefore possessed 329 depositors with guaranteed deposits amounting to EUR 1.38 million. Click here to view the initial notification letter. 01/12/2017
The EBA has received a notification from the Bankowy Fundusz Gwarancyjny (the Bank Guarantee Fund) in Poland in relation to the determination of the unavailability of deposits at SKOK Wybrzeze credit union which required the use of DGS funds to reimburse 7,696 depositors. The guaranteed deposits amounted to EUR 28.2 million. Click here to view the notification letter. 26/09/2017 The EBA has received a notification from the Bankowy Fundusz Gwarancyjny (the Bank Guarantee Fund in Poland) in relation to determination of the unavailability of deposits at NIKE Credit Union. The EBA has received a notification from the Bankowy Fundusz Gwarancyjny (the Bank Guarantee Fund in Poland) in relation to the determination of the unavailability of deposits at Twoja Spółdzielcza Kasa Oszczędnościowo-Kredytowa (Twoja Credit Union). The EBA has received a notification from Malta Depositor Compensation Scheme in relation to determination of the unavailability of deposits at Nemea Bank plc. 03/04/2017
The EBA has received a notification from VĮ „Indėlių ir investicijų draudimas" (the Lithuanian Deposit and Investment Insurance state company) in relation to determination on unavailability of deposits at credit union "ŽEMAITIJOS IŽDAS" Additional notifications in Lithuanian The EBA has received a notification from VĮ „Indėlių ir investicijų draudimas" ( the Lithuanian Deposit and Investment Insurance state company) in relation to determination on unavailability of deposits at Credit Union "PAJŪRIO". Related links: 30/03/2017 The EBA has received a notification from the Bankowy Fundusz Gwarancyjny (the Bank Guarantee Fund in Poland) in relation to determination of the unavailability of deposits at Wielkopolska Spółdzielcza Kasa Oszczędnościowo-Kredytowa (Wielkopolska Credit Union). 17/02/2017 The EBA has received a notification from the Bankowy Fundusz Gwarancyjny (the Bank Guarantee Fund in Poland) in relation to determination of the unavailability of deposits at Bank Spółdzielczy w Nadarzynie (Cooperative Bank in Nadarzyn).
The EBA has received a notification from the State Agency for Deposit Insurance and Bank Resolution in Croatia in relation to the determination of the unavailability of deposits at Banka splitsko - dalmatinska d.d. which required the use of DGS funds to reimburse 8212 depositors. The guaranteed deposits amounted to EUR 50.87 million. Click here to view the notification letter. 25/05/2016 Other DGS interventions
The EBA has received a notification from the Italian Interbank Deposit Protection Fund (Fondo Interbancario di Tutela dei Depositi) in relation to the national insolvency proceeding of Banca Sviluppo Economico S.p.A. which required the use of DGS funds (EUR 4.5 million) in order to support the transfer of the assets and liabilities (including the deposit book) of the mentioned bank to the Banca Agricola Popolare di Ragusa S.p.A.. The guaranteed deposits amounted to EUR 26.80 million covering 1602 depositors.The notification was received from the Bank of Italy as National Designated Authority. Click here to view the notification letter. 27/07/2018 |
An agency of the European Union
EU Agencies Network
