Objective of the Guarantee Fund

The objective of the Fund is to guarantee, under the conditions and to the extent provided by the Guarantee Fund Act, protection of funds

• deposited by clients of credit institutions (depositors),
• clients of investment institutions (investors) and
• unit-holders of mandatory pension funds,

and thereby to increase the reliability and stability of the financial sector.

See also: Guarantee limits

Legal status

The Guarantee Fund is a legal person in public law founded by Guarantee Fund Act on 1 July, 2002.

The Guarantee Fund is the legal successor of the Deposit Guarantee Fund which was founded on May 1998 and operated on the basis of the Deposit Guarantee Fund Act.