Branch cooperation

We cooperate with deposit insurers in states where Norwegian banks have branches and where foreign banks have branches in Norway.

The EU Directive on Deposit guarantee schemes forms the background for the cooperation. Article 14 of the Directive states that deposit insurers in which a branch operates shall assist the home state deposit insurer in a payout process by reimbursing depositors.

The Norwegian Bank’s Guarantee Fund has memorandums of understanding with the following deposit insurers:

  • Riksgälden, Sweden
  • Finansiel Stabilitet, Denmark
  • Rahoitusvakausvirasto, Finland

European Forum of Deposit Insurers (EFDI)

The purpose of EFDI is to contribute to the stability of financial systems by promoting European cooperation between its members. EFDI has members from most European countries.

The Norwegian Bank’s Guarantee Fund attends EFDI conferences and contributes to selected working groups.

In autumn 2020, EFDI published a charter for sustainable deposit guarantee schemes. The Norwegian Banks’ Guarantee Fund supports this work and has signed the charter. You will find the charter here.

For more information, please visit


International Association of Deposit Insurers (IADI)

IADI works internationally to enhance the effectiveness of deposit insurance systems by promoting guidance and international cooperation. IADI represents deposit insurers from many countries all over the world.

IADI has, together with the Basel Committee on Banking Supervision, issued Core Principles for Effective Deposit Insurance Systems.

For more information, please visit

The Norwegian Bank’s Guarantee Fund attends IADI's conferences on a regular basis. 


The European Banking Authority (EBA)

The European Banking Authority (EBA) draws up guidelines and recommendations on certain topics related to directives and regulations.

The recommendations aim to ensure a harmonized practice of the regulations at European level.

The Norwegian Banks’ Guarantee Fund is designated authority (DA) to the EBA and participates in the EBA Task Force.

For more information, please visit