Evolution of the result of the exercise of the Deposit Guarantee Fund Spain 2015

The statistics show the annual evolution of the result of the exercise of the Deposit Guarantee Fund for Credit Institutions (FGDEC) between 2011 and 2015. During the period measured, the Deposit Guarantee Fund suffered losses. In 2015, these amounted to around 420 million euros.

Annual evolution of the result of the exercise of the Deposit Guarantee Fund for Credit Institutions (FGDEC) between 2011 and 2015

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Source

Release date

June 2016

Region

Spain

Survey time period

2011 - 2015

Supplementary notes

The figures have been rounded. Home * The 2011 data correspond to the fiscal year between October 15, 2011 and December 31, 2011.
** The 2013 data were restated.

*** The data prior to 2014 were extracted from the annual reports from previous years. Home The purpose of the Fund is to guarantee deposits in cash and in securities or other financial instruments constituted in credit institutions, with a limit of 100,000 euros for deposits in money or, in the case of deposits denominated in another currency, the equivalent applying the corresponding exchange rates, and 100,000 euros for investors who have entrusted a credit institution with securities or other financial instruments. Additionally, it may adopt measures to facilitate the implementation of European financial assistance for the recapitalization of Spanish credit institutions.

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