News 2011

Prague, 17 April 2011 – In response to the recent news from the European Parliament, the Deposit Insurance Fund expresses its bewilderment with respect to the activity of the European M. P. Zuzana Roithová, thanks to whose activity the Internal Market Committee adopted an amendment to a European Directive containing a proposal for another significant shortening of the period for commencing the payout of deposit compensation, from the present 20 business days to a mere 7 business days. More...

Prague, 16 March 2011 – Clients of foreign banks can again rest a little more easily. The Czech Republic joined another 15 European signatories in signing the international Memorandum of Understanding on cross-border cooperation between deposit insurance schemes. In the event of the bankruptcy of a bank, clients will no longer have to travel abroad to obtain their compensation. More...

Prague, 20 February 2011 – Thanks to the significantly increased inflow of funds in the last twelve months, the Deposit Insurance Fund had CZK 19 billion at the end of January 2011. More...