Home » For deposit guarantee funds, an increase of up to 20 billion is possible

For deposit guarantee funds, an increase of up to 20 billion is possible

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The contributions that European banks, including Italian ones, will have to pay to guaranteed deposit protection funds (up to € 100,000) could rise to over € 20 billion by 2024. And the heaviest bill, according to initial estimates, they will pay German (5.6 billion) and Italian (4.6 billion) banks.

Causing the increase in contributions to guarantee funds is the increase in guaranteed current account deposits which was recorded in Europe especially in the past year. According to the…

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