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

Eligible deposits under the guarantee:

  • Deposits on savings and current accounts
  • Deposits in both Norwegian kroner and foreign currencies


Non eligible deposits under the guarantee:

  • Investments in other bank products like stocks or securities
  • Deposits originating from legal offence where there is a court order
  • Deposits made by investments funds
  • Deposits with extraordinary high interests or other economic benefits negotiated by individual depositors when the benefits contributed to the default
  • Deposits from companies in the same group as the failing bank