Deposit Insurance Systems Worldwide
Deposit insurance–whether explicit or implicit–is a political reality in effectively all countries that have a banking system. The role of an explicit deposit insurance system in today's financial environment will continue to evolve and expand.
| 1. Albania* | 36. Honduras | 71. Norway |
| 2. Algeria | 37. Hong Kong* | 72. Oman |
| 3. Argentina* | 38. Hungary* | 73. Paraguay |
| 4. Armenia | 39. Iceland | 74. Peru* |
| 5. Australia | 40. India* | 75. Philippines* |
| 6. Austria (5)1 | 41. Indonesia* | 76. Poland (2)*11 |
| 7. Azerbaijan | 42. Ireland | 77. Portugal (2)12 |
| 8. Bahamas* | 43. Isle of Man | 78. Puerto Rico |
| 9. Bahrain | 44. Italy (3)6 | 79. Romania* |
| 10. Bailiwick of Guernsey* | 45. Jamaica* | 80. Russian Federation* |
| 11. Bangladesh* | 46. Japan*7 | 81. Serbia |
| 12. Barbados* | 47. Jordan* | 82. Singapore* |
| 13. Belarus | 48. Kazakhstan* | 83. Slovakia |
| 14. Belgium* | 49. Kenya* | 84. Slovenia |
| 15. Bosnia and Herzegovina* | 50. Korea*8 | 85. Spain13 |
| 16. Brazil* | 51. Kyrguz Republic | 86. Sri Lanka |
| 17. Bulgaria* | 52. Lao PDR | 87. Sudan* |
| 18. Canada* (and Quebec*)2 | 53. Latvia | 88. Sweden* |
| 19. Chile | 54. Lebanon* | 89. Switzerland |
| 20. Chinese Taipei* | 55. Liechtenstein | 90. Tajikistan |
| 21. Colombia* (2)3 | 56. Lithuania | 91. Tanzania* |
| 22. Croatia | 57. Luxembourg | 92. Thailand* |
| 23. Cyprus (2)4 | 58. Macedonia | 93. Trinidad and Tobago* |
| 24. Czech Republic* | 59. Malaysia* | 94. Turkey* |
| 25. Denmark | 60. Malta | 95. Uganda |
| 26. Dominican Republic | 61. Marshall Islands9 | 96. Ukraine* |
| 27. Ecuador* | 62. Mexico*10 | 97. United Kingdom* |
| 28. El Salvador* | 63. Micronesia9 | 98. United States*14 |
| 29. Estonia | 64. Moldova | 99. Uruguay* |
| 30. Finland | 65. Montenegro | 100. Uzbekistan |
| 31. France* | 66. Morocco* | 101. Venezuela* |
| 32. Germany (8)5 | 67. Netherlands | 102. Vietnam* |
| 33. Gibraltar | 68. New Zealand | 103. Yemen |
| 34. Greece | 69. Nicaragua* | 104. Zimbabwe* |
| 35. Guatemala* | 70. Nigeria* | |
* An asterisk marks the countries whose deposit insurance institutions are IADI Members at present.
1There are five deposit insurance systems in Austria: Einlagensicherung der Banken und Bankiers Gesellschaft m.b.H., Österreichische Raiffeisen-Einlangensicherung reg. Gen.m.b.H., Hypo-Haftungsgesellschaft m.b.H., Sparkassen-Haftungs AG and Schulze-Delitzsch Haftungsgenossenschaft reg.Gen.m.b.H.
2In addition to the Canada Deposit Insurance Corporation (CDIC) and Quebec Deposit Insurance Board (QDIB), there are 10 other deposit insurers in Canada. These largely insure provincially-chartered credit unions. There is separately one in each province, save for Manitoba which has two (one for credit unions and one for caisses populaires).
3There are two deposit insurance systems in Colombia: there is the IADI member Fondo de Guarantias de Instituciones Financieras (FOGAFIN) covering deposits in banks, also the Fondo de Garantias de Entidades Cooperatives (FOGACOOP) to deal with deposits in cooperatives.
4The two deposit insurance systems in Cyprus are the Deposit Protection Scheme and the Deposit Protection Scheme for Co-operative Societies.
5There are eight deposit insurance systems in Germany including the private Association of German Banks.
6The three deposit insurance systems in Italy are Fondo Interbancario di Tutela dei Depositi (FITD), Fondo di Garanzia dei Depositanti del Credito Cooperativo and Fondo di Garanzia dei portatori di titoli obbligazionari emessi da banche appartenenti al Credito Cooperativo.
7While the Deposit Insurance Corporation of Japan, is responsible for insuring deposit-taking institutions in general, the agricultural and fishery cooperatives, etc. are separately insured by the Agricultural and Fishery Cooperative Savings Insurance Corporation (AFCSIC) due to the different risk features of these institutions.
8The Korea Deposit Insurance Corporation provides deposit insurance for banks, insurance companies, securities companies, merchant banks and mutual savings banks. In the case of credit unions, their deposits are protected by the National Credit Union Federation of Korea.
9Though the Marshall Islands, Micronesia and Puerto Rico do not have their own deposit insurance system, deposits with banks are insured by the US Federal Deposit Insurance Corporation (FDIC).
10In Mexico, in addition to the Instituto para la Protección al Ahorro Bancario (IPAB) a provision in law provides for several private trusts, under the generic name of Fondo de Protección (one for each supervising entity that encompasses various popular credit and savings institutions) to cover deposits made in such institutions.
11There are two deposit insurance systems in Poland : there is the IADI member Bank Guarantee Fund insuring deposits with banks (both commercial and cooperative) and deposits with credit unions are insured by the Polish Cooperative Saving and Credit Union Mutual Insurance Society.
12There are two deposit insurance systems in Portugal: Fundo de Garantia de Depósitos and Fundo de Garantia do Crédito Agrícola Mútuo.
13The Spanish system comprises three deposit guarantee funds: for banking institutions (Fondo de Garantía de Depósitos en Establecimientos Bancarios), savings banks (Fondo de Garantía de Depósitos en Cajas de Ahorro) and cooperative credit banks (Fondo de Garantía de Depósitos en Cooperativas de Crédito), all managed by the Sociedad Gestora de los Fondos de Garantía de Depósitos en Entidades de Créditos, A.I.E.
14A number of deposit insurers exist in the US in addition to the Federal Deposit Insurance Corporation (FDIC). All federal credit unions are insured by the National Credit Union Share Insurance Fund (NCUSIF), a subsidiary of the National Credit Union Administration. Some state-chartered credit unions are also insured by NCUSIF. However, certain states have non-federally insured credit unions. These institutions tend to be insured by private schemes, the largest of which is American Share Insurance.