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News
Finland raises its deposit guarantee to EUR 50,000
Evli Bank’s clients are covered by the Finnish deposit guarantee scheme. On 8 October the Finnish Government decided to raise the amount covered by the deposit guarantee for clients of Finnish banks to EUR 50,000, in accordance with a decision made by EU finance ministers. Until now up to EUR 25,000 of a depositor’s capital and interest have been covered in Finland.
The deposit guarantee applies separately to the deposits of each family member and separately to each joint owner of a deposit account. A person who is an authorized user of the account but not the account holder is not a depositor as intended by law. All private persons, enterprises, foundations and public sector entities such as municipalities and parishes are covered by the protection.
Additional information from Deposit Guarantee Fund's Internet pages