Algirdo str. 31, Vilnius, LT-03219
Tel. 8 5 2135657
Company code: 110069451
E-mail idf@idf.lt

Insurance events

 30 April, 2014 credit union „Naftininkų investicijos“ was declared insolvent by board of Bank of Lithuania, and had its license revoked.. On 20 May the Deposit Insurance Fund (DIF) made €11,8m available for a total of 220 depositors via paying agent bank "Citadele”.

17 January, 2014 credit union „Vilniaus taupomoji kasa“ was declared insolvent by board of Bank of Lithuania, and had its license revoked.. DIF made LTL 221,3m available for a total of 5 754 depositors.

9 May, 2013 credit union "Laikinosios sostinės kreditas" was declared insolvent by board of Bank of Lithuania, and had its license revoked. (DIF) made €22,8m available for a total of 612 depositors via paying agent.

18 February, 2013 UAB Ūkio bankas was declared insolvent by board of Bank of Lithuania, and had its license revoked. DIF participated in funding of the resolution process by transferring of assets and liabilities of the failed bank.

24 January, 2013 “National” credit union was declared insolvent by board of Bank of Lithuania, and had its license revoked.

24 January, 2013 credit union "Švyturio taupomoji kasa" was declared insolvent by board of Bank of Lithuania, and had its license revoked.

2011, 24 November Bank of Lithuania withdrew AB Bankas SNORAS license. On December 14, 2011 DIF commenced disbursement of insurance compensations. By 31 July, 2012 DIF has made available a total of LTL 4,04bn in insurance compensations to the depositors of the failed bank. Over 210 000 depositors have claimed a total of LTL 3,98bn of insurance compensations by 31 December, 2012.

1999, 13 September activities of "Litimpeks" bank were suspended. The Deposit Insurance Fund (DIF) processed customer data supplied by the "Litimpeks" bank, prepared lists of depositors and calculated insurance compensations. On 1 December a total of LTL 14.59m in deposit insurance compensations was made available for 4 665 depositors by opening current accounts in Lithuanian Agriculture Bank for the depositors of the failed bank.

1997, 8 July bankruptcy proceedings were initiated against "Tauras" bank. On 1 December a total of LTL 4.28m in deposit insurance compensations was made available for 1 645 depositors by DIF opening current accounts in Savings Bank of Lithuania for the depositors of the failed bank.