Deposit Insurance and Bank Relation Sector
Deposit Insurance and Bank Relation Sector has been protecting depositors’ deposits – creditors in credit institutions- in banks, savings banks, building societies and foreign credit institution branches in accordance with Deposit Insurance Act ("Official Gazette" of the Republic of Croatia No. 177/04, 119/08 and 153/09).
Regulations of the Republic of Croatia are in complete compliance with Directive 94/19/EC of the European Parliament and of the Council of May 30, 1994 regarding deposit insurance schemes and with Directive 2009/14/EC of the European Parliament and the Council of March, 11, 2009, Amendments to Directive 94/19/EC in respect of deposit coverage and delayed pay offs, and shall be gradually applied until Croatia has entered the European Union.
The objective of deposit insurance scheme is to protect deposits of natural persons, small entrepreneurs and non profit institutions in the event of their unavailability or credit institution’s bankruptcy.
The Agency covers deposits in credit institutions up to and including the amount of HRK 400.000,00.
The Government of the Republic of Croatia can make decision on higher coverage if required.