Kredito unija „Laikinosios sostinės kreditas”

Deposit Guarantee

Deposit Guarantee
Yes (up to 100,000 EUR per depositor)

Deposit guarantee scheme is a financial stability mechanism implemented in many countries to protect bank depositors against the loss of their deposits in the case when a bank is unable to meet its obligations to depositors by compensating certain deposits held by depositors of the bank. This compensation is paid out from the contributions which banks have made into a deposit guarantee fund.

Deposit Guarantee in Kredito unija „Laikinosios sostinės kreditas”

All credit institutions operating in Lithuania are obliged to participate in Lithuanian deposit guarantee scheme.

Kredito unija „Laikinosios sostinės kreditas” is a member of Deposit and Investment Insurance and makes its contributions into it. In the case of Kredito unija „Laikinosios sostinės kreditas” failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Maximum Protected Amount
100,000 EUR
Temporary High Balance
300,000 EUR
Eligible Depositors
natural persons
legal entities
Non-Eligible Depositors
credit institutions
financial institutions
management firms
brokerage firms
unidentified persons
central government
local governments
Covered Accounts
all deposit accounts
Non-Covered Accounts
anonymous accounts
coded accounts
e-money accounts
Covered Currencies
all currencies, namely
  • EUR (Euro)
  • foreign currencies
Paid In Currency
EUR

Deposit and Investment Insurance

Algirdo str. 31, Vilnius, LT-03219, Lithuania
8 5 2135657
8 5 2135546

Further Information

Banking Products in Lithuania