Fond ochrany vkladov - Deposit Protection Fund

About the Deposit Protection Fund

Deposit Protection Fund (hereinafter the “Fund”) was set up by the 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 10th October 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 of private individuals and legal entities held in banks and foreign bank branches, who participate in the deposit protection system in the Slovak Republic. These are in particular:

  • Accumulation of financial contributions from banks and foreign bank branches,
  • Providing compensation for inaccessible deposits in banks and foreign bank branches within the scope and under the terms stipulated by the Deposit Protection Act and the General Terms and Conditions for compensation payments for inaccessible bank deposits protected by law.


Furthermore, the Fund administers funds of the National fund for emergency situations under Act no. 371/2014 Coll., on handling emergency situations on financial market, as amended by certain other laws and Act no. 118/1996 Coll.

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 the 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.
OTP Banka Slovensko, a.s.
Poštová banka, a.s.
Prima banka Slovensko, a.s.
Privatbanka, a.s.
Prvá stavebná sporiteľňa, a.s.
Sberbank Slovensko, a.s.
Slovenská sporiteľňa, a.s.
Slovenská záručná a rozvojová banka, a.s.
Tatra banka, a.s.
Všeobecná úverová banka, a.s.
Wüstenrot stavebná sporiteľňa, a.s.

Currently neither of foreign bank branches participates in the deposit protection scheme in the Slovak Republic because since 30th December 2010 the deposits with banks in the Slovak Republic and other EU countries are protected up to amount of EUR 100,000.

At the same time it means that the deposits with foreign bank branches operating in the Slovak Republic are protected under the rules of home deposit protection scheme in the member country of origin of the bank.

Preconditions for the participation of the foreign bank branches are provided in the Article 4 of the Deposit Protection Act.

The list of the foreign bank branches is presented on the web site of the National Bank of Slovakia (http://www.nbs.sk/en/financial-market-supervision/banking-sector-supervision/List-of-credit-institutions/branch-offices-of-foreign-banks/banks)