Deposit Insurance Systems Worldwide

Deposit insurance–whether explicit or implicit–is a political reality in effectively all jurisdictions 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. Afghanistan 2. Albania* 3. Algeria*
4. Andora1 5. Angola 6. Argentina*
7. Armenia 8. Australia* 9. Austria (5)2
10. Azerbaijan* 11. Bahamas* 12. Bahrain
13. Bangladesh* 14. Barbados* 15. Belarus
16. Belgium* 17. Benin*3 18. Bermuda
19. Bolivia 20. Bosnia and Herzegovina 21.  Brazil (2) 4*
22. British Virgin Islands 23. Brunei* 24. Bulgaria*
25. Burkina Faso*3 26. Cameroon5 27. Canada* (and Quebec*, British Columbia*)(11)6
28. Central African Republic5 29. Chad5 30. Chile
31. Chinese Taipei* 32. Colombia (2)7*

33. Congo5

34. Croatia* 35. Cyprus 36. Czech Republic*
37. Denmark 38.  Dominican Republic 39. Ecuador*
40. El Salvador* 41. Equatorial Guinea5 42. Estonia
43. Finland* 44. France* 45. Gabon5
46. Georgia16 47. Germany* (9)8 48. Ghana
49. Gibraltar 50. Greece* 51. Guatemala*
52. Guernsey* 53. Guinea-Bissau*3 54. Guyana
55. Honduras* 56. Hong Kong* 57. Hungary*
58. Iceland* 59. India* 60. Indonesia*
61. Iran* 62. Ireland 63. Isle of Man
64. Italy* (2)9 65. Ivory Coast*3 66. Jamaica*
67. Japan*(2)10 68. Jersey* 69. Jordan*
70. Kazakhstan* 71. Kenya* 72. Korea* (6)11
73. Kosovo* 74. Kyrgyz Republic* 75. Lao PDR
76. Latvia 77. Lebanon* 78. Libya*
79. Liechtenstein* 80. Lithuania 81. Luxembourg
82. Macao, SAR of China 83. Macedonia 84. Malaysia*
85. Mali*3 86. Malta 87. Mauritania
88. Mexico*(3)12 89. Micronesia13 90. Moldova
91. Mongolia* 92. Montenegro* 93. Morocco*
94. Mozambique 95. Nepal 96. Netherlands*(and Caribbean Netherlands)17
97. Nicaragua* 98. Niger*3 99. Nigeria*
100. Northern Mariana Islands13 101. Norway* 102. Oman
103. Pakistan 104. Palestine* 105. Paraguay*
106. People’s Republic of China 107. Peru* 108. Philippines*
109. Poland* 110. Portugal (2)14 111. Puerto Rico13
112. Romania* 113. Russian Federation* 114. Rwanda*
115. San Marino 116. Saudi Arabia 117. Senegal*3
118. Serbia* 119. Singapore* 120. Slovakia
121. Slovenia 122. Spain 123. Sri Lanka
124. Sudan* 125. Sweden* 126. Switzerland*
127. Tajikistan 128. Tanzania* 129. Thailand*
130. Togo*3 131.  Trinidad and Tobago* 132. Turkey*
133. Turkmenistan 134. Uganda* 135. Ukraine*
136. United Kingdom* 137. United States* (2)15 138. Uruguay*
139. Uzbekistan  140. Venezuela 141. Vietnam*
142. Yemen 143. Zimbabwe*  

* An asterisk marks the jurisdictions whose deposit insurance institutions are IADI Members. (Updated 10 December 2018)

The DIS in Andorra was established in 2011 and is operated by the Andorran National Institute of Finance (public financial institution founded in 1989 providing functions of financial regulation and control of the financial sector in Andorra).

There are five deposit insurance systems in Austria: Deposit Protection Company of the Austrian Commercial Banks, Hypo-Haftungs-Gesellschaft mbH, Österreichische Raiffeisen-Einlagensicherung reg. Gen. mbH, Volksbank Einlagensicherung eG and Österreichischer Sparkassenverband.

The West African Monetary Union Deposit insurance Fund insures deposits in all eight countries of the West African Monetary Union (Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal and Togo).

There are two deposit insurance systems in Brazil: Fundo Garantidor de Créditos (FGC) and Fundo Garantidor do Cooperativismo de Crédito (FGCOOP).

The Central African Deposit Guarantee Fund insures deposits in all six countries that the Economic and Monetary Community of Central Africa comprises of (Cameroon, Central African Republic, Chad, Equatorial Guinea, Gabon and Republic of the Congo).

In addition to the Canada Deposit Insurance Corporation (CDIC) and Autorité des marchés financiers (AMF), there are 9 provincial deposit insurance systems for credit unions.

There are two deposit insurance systems in Colombia: Fondo de Guarantias de Instituciones Financieras (FOGAFIN) covering deposits in banks, the Fondo de Garantias de Entidades Cooperatives (FOGACOOP) to deal with deposits in cooperatives.

There are nine deposit insurance systems in Germany including the Deposit Protection Fund of the Association of German Banks (ESF), Compensation Scheme of German Banks (EdB), National Association of German Cooperative Banks’ Voluntary Scheme (BVR-Sicherungseinrichtung), National Association of German Cooperative Banks’ Mandatory Scheme (BVR Institutssicherung GmbH), Association of German Public Banks Voluntary Guarantee Fund (VÖB-ESF), Compensation Scheme of the Association of German Public Sector Banks (VÖB-EdÖ), Institutional Protection Scheme of the German Savings Banks Association Statutory deposit guarantee scheme of the German Savings Banks Association and the Association of Private Building Societies’ Voluntary Guarantee Fund.

The two deposit insurance systems in Italy are Fondo Interbancario di Tutela dei Depositi (FITD) and Fondo di Garanzia dei Depositanti del Credito Cooperativo.

10 While 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.

11 The Korea Deposit Insurance Corporation provides deposit insurance for banks, insurance companies, securities companies, merchant banks and mutual savings banks. There are 5 other deposit protection systems for cooperative financial institutions in Korea: Credit Union Guarantee Fund, Agricultural Cooperatives Mutual Credit Depositor Protection Fund, Community Credit Cooperatives Safety Fund, Fisheries Cooperatives Mutual Credit Depositor Protection Fund and Forestry Cooperatives Mutual Credit Depositor Protection Fund.

12 In Mexico, in addition to the Instituto para la Protección al Ahorro Bancario (IPAB), there are Fondo de Supervisión Auxiliar de las Sociedades Cooperativas de Ahorro y Préstamo y Protección a sus Ahorradores (FOCOOP) and Fondo de Protección de Sociedades Financieras Populares y de Protección a sus Ahorradores (PROSOFIPO).

13 Deposits of banks in Northern Mariana Islands, Micronesia and Puerto Rico are insured by US Federal Deposit Insurance Corporation (FDIC) (Deposits of banks in American Territories, Guam, American Samoa, the Trust Territory of the Pacific Islands and US Virgin Islands are also insured by the FDIC). In Puerto Rico, deposits of cooperatives are insured by Corporación para la Supervisión y los Seguros de las Cooperativas (COSSEC).

14 There are two deposit insurance systems in Portugal: Fundo de Garantia de Depósitos and Fundo de Garantia do Crédito Agrícola Mútuo.

15 The US has two federally mandated deposit insurance systems. The explicit protection of deposits in banks and savings associations (thrifts) is provided by the Federal Deposit Insurance Corporation. Protection of depositor funds in credit unions (termed share accounts) is provided under a separate legislative mandate by the National Credit Union Administration (NCUA). All federally chartered and most state-chartered credit unions are insured by the NCUA through the National Credit Union Share Insurance Fund (NCUSIF). State-chartered credit unions in nine states are allowed to obtain primary deposit insurance from a source other than NCUSIF. Amercian Share Insurance, chartered and licensed in the state of Ohio, is a private, mutually owned company that provides primary deposit insurance to those credit unions.

16  The Deposit Insurance Agency of Georgia was established on 24 July 2017 in accordance with the Law of Georgia on Deposit Insurance System, which entered into force on 17 May 2017.

17  In addition to the deposit insurance system in the European part of The Netherlands, De Nederlandsche Bank (DNB) operates a seperate deposit insurance system for the islands of Bonaire, Sint Eustatius and Saba in The Caribbean Netherlands.