About the Deposit Protection Fund
Deposit Protection Fund (hereinafter the Fund”) was established through an Act of the National Council of Slovak Republic No. 118/1996 Coll. on the deposit protection, amended by several other subsequent acts and regulations (hereinafter the ”Deposit Protection Act”). It is registered with the Companies Register at the District Court in Bratislava as of 10.10.1996 as a legal entity. Fund is not a government fund and is not financed from the state budget.
Deposit Protection Fund operations
Fund is legally empowered to organise and execute activities related to the protection of deposits, held by private individuals and legal entities, stipulated by law, held by banks and foreign bank branches, who participate in the deposit protection system in the Slovak Republic. These are in particular:
- Accumulation and management of contributions from banks and foreign bank branches,
- Providing compensation for inaccessible deposits in banks and foreign bank branches within the scope and under terms as stipulated by Deposit Protection Act and General Terms and Conditions for compensation payments for inaccessible bank deposits protected by law.
Participants of the deposit protection system in the Slovak Republic are banks operating in Slovakia, including building societies, which have banking licence issued by the National Bank of Slovakia. Obligation to take part in deposit protection system becomes effective on the day of the first accepted deposit, which is protected by the Deposit Protection Act.
Participants of the deposit protection system in the Slovak Republic:
Československá obchodná banka, a.s.
ČSOB stavebná sporiteľňa, a.s.
Dexia banka Slovensko a.s.
OTP Banka Slovensko, a.s.
Poštová banka, a.s.
Privatbanka, a.s.
Prvá stavebná sporiteľňa, a.s.
Slovenská sporiteľňa, a.s.
Slovenská záručná a rozvojová banka, a.s.
Tatra banka, a.s.
UniCredit Bank Slovakia a.s.
VOLKSBANK Slovensko, a.s.
Všeobecná úverová banka, a.s.
Wüstenrot stavebná sporiteľňa, a.s.
