DGF :: Mine

Deposit value guaranteed
200,000 UAH

Details

DGF hotline:
0800308108

Your deposits
are protected

Banks’ participation in the DGF
is mandatory

Payments
to depositors

Deposit
guarantees

Depositors subject to repayment

The Fund pays compensation to depositors of banks:

PJS Company "PAT Akcionernyi Komerciynyi Bank "BAZYS"
PJS Company "PAT Akcionernyi Komerciynyi Bank "BAZYS"
PJS Company "PAT Innovatsiino-promyslovyi bank"
PJS Company "PAT Bank "Stolytsia"
PJS Company "PAT CB SOTSCOM BANK"
PJS Company “PAT CB Volodymyrskyi”
LL “Dialogbank”
PJS Company “PAT AB Syntez”
PJS Company “PAT Zemel’nyi Bank”
OJS Company “VAT KB Ipobank”
OJS Company “VAT Selans’kyi Komertsiynyi Bank Dnister”
OJS Company “BIG ENERGY BANK”
JS Commercial Bank “AKB Transbank”
LL Commercial Bank “TOV KB ARMA Bank”
Ukrainian Industrial Bank Ltd

About Deposit Guarantee Fund

In 1998, the President of Ukraine signed the Decree «On Measures to Protect the Rights of Physical Persons as Depositors of Commercial Banks in Ukraine» which approved the establishment of the Deposit Guarantee Fund and procedures regulating the use of the Fund’s resources. The Decree also established that the depositors could be reimbursed for the deposits to the commercial banks from the date of the deposits inaccessibility at the amount of UAH 500.00.

On September 20 2001, the Verkhovna Rada (Parliament of Ukraine) approved the Law «On Deposit Guarantee Fund», which took effect on October 24, 2001. According to the Law the Fund guaranteed reimbursement of the deposits including the interest accrued for every depositor to the Fund member (temporary member) banks at the amount of UAH 1200. The coverage amount could be increased by the decision of the Administrative board of the Fund depending on the market trends.

On February 23 2012, the Parliament of Ukraine approved the Law «On Households Deposit Guarantee System» that came into force on September 22, 2012. The Law extended the mandate of the Deposit Guarantee Fund in the field of bank resolution, including provisional administration and liquidation of insolvent banks. The Law provided for provisional administration of banks for a term of up to three months, during which a decision on the least cost resolution method should be taken. The Law cancelled the concept of the «temporary Fund member». According to the present Law all duly licensed banks in Ukraine are members of the Fund. The only bank which is not a member of the Fund is «VAT Derzhavniy Oschadniy Bank Ukrainy» (the National Savings Bank of Ukraine).