Deposit Insurance Agency

Insurance of deposits of physical and legal persons is the Agencys core activity. Deposit insurance system includes the following categories of depositors: Physical persons, Entrepreneurs, Small legal entities, and Medium-sized legal entities. The insured amount is 50,000 EUR per depositor. Deposit insurance is meant to ensure the security of deposits and contribute to the overall stability of the Serbian financial system. Deposit insurance is free of charge for all depositors. In case of bankruptcy of a bank, the Deposit Insurance Agencys role is to ensure prompt and easy payout of depositors money up to the insured amount, i.e. 50,000 EUR. The payout of insured deposits is guaranteed by the Republic of Serbia. On adopting the Capital Market Law, which came into effect on 17 May 2011, investor protection system was for the first time introduced in the Republic of Serbia. Pursuant to provisions of this law, Deposit...