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Hong Kong Deposit Protection Board is an independent and statutory institution formed to manage and supervise the operation of Deposit Protection Scheme. The maximum protection amount of deposit was HK$100,000 in 2006 (when the Hong Kong Deposit Protection Board was set up), it is now with a limit up to HK$500,000 (or equivalent in RMB or other ...
The Deposit guarantee scheme of German banks ( Entschädigungseinrichtung deutscher Banken in German) is a private institution legally responsible for guaranteeing the deposits of account holders of German banks in accordance with domestic legislation and EU directives. It is 100% owned by the Federal association of German banks.
The Federal Deposit Insurance Corporation ( FDIC) is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. [7] : 15 The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system.
The Auditing Association of German Banks ( German: Prüfungsverband deutscher Banken e.V., PdB), established in 1969 in Cologne, is a sister entity to the BdB and is tasked with assessing the risk of each participating BdB member which feeds into the calculation of EdB and ESF deposit guarantee fees. It is led by a 3-members management board.
The Tenancy Deposit Scheme (TDS) My Deposits; Deposit Protection Service (DPS) The Custodial schemes are free to use and the landlord or letting agents can simply pay the deposit online or over the phone. The money is held in a bank account by the Scheme and transferred directly to the tenant once both parties agree on the total sum of money to ...
Institutional Protection Scheme. The core financial structure of the Cooperative Financial Group is its Institutional Protection Scheme (IPS), a mutual support arrangement in accordance to Article 113(7) of the EU Capital Requirements Regulation. As of end-March 2022, the Cooperative IPS included a total of 781 entities.
Kenya Deposit Insurance Corporation is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution.
The Nigeria Deposit Insurance Corporation ( NDIC) is a statutory body established by NDIC Act No. 16 of 2006 with exclusive mandate of administering the Deposit Insurance System (DIS) in Nigeria. As one of the components of the nation's financial safety-net arrangement, the NDIC has the responsibility of protecting depositors and guaranteeing ...