The guarantee covers deposits in all member banks to a limit of two million Norwegian kroner per depositor per bank.

Eligible depositors under the guarantee:

  • Individuals, corporations and associations
     
  • Non profit and non-governmental organizations
     
  • The State and Councils
     
  • Depositors regardless of citizenship and nationality

 

Non eligible depositors under the guarantee:

  • Banks, investment funds, insurance companies and other financial institutions
     
  • Companies or organizations related to the Group of a failing member bank