Secured Deposit

Guaranteed Compensation

Who

is ensured by the deposit
insurance scheme?

How much

is the
compensation amount?

When

will I get
the compensation amount?

How

do I get the
compensation amount?

About ADIA

ADIA administers the deposit insurance scheme. The agency secures deposits in banks and non-profit organizations in the territory of the Republic of Albania, which are the member subjects of the scheme. Their membership in the scheme is compulsory. ADIA is a “paybox plus” model. The law “On deposit insurance”, as amended, also allows the Agency to participate by transferring financial means, of the compensation fund, during the extraordinary intervention in banks, in accordance with the provisions of the law “On recovery and extraordinary intervention in bank in the Republic of Albania”.

of bank depositors
are fully compensated

of bank deposits
that are included in the scheme
are compensated

mld All

compensation fund
of the deposits in the bank

SCA’s member of the scheme

of depositors in SCA
are fully compensated.

of deposits in the SCA
that are included in the scheme
are compensated.

mln All

compensation fund
of deposits in the SCA

The most frequently asked questions

Find answers to all your questions
in relation to our service.

How is the compenstation amount calculated?

The amount of the compensation payment is calculated and paid in ALL.
In calculating the amount of deposit compensation payment for a depositor (including individual, trader and legal entity), the sum of all legally insurable deposits, in all currencies held by the depositor in a bank or SCA, is considered , including interest accrued but unpaid on the day of the insurance event. This amount is deducted from the unpaid obligations that the depositor has towards the financial institution placed in forced liquidation.
If the classified deposit for compensation is kept in a joint account, it is divided to each co-owner in equal parts, except for cases where it is stipulated otherwise in the agreements or contracts between the parties.

Who pays for deposit insurance of bank depositors and/or sca that goes bankrupt?

Banks and SCA pay for the insurance of depositors’ deposits.

If the depositor has deposits in ALL and in foreign currency, how is the compensation made?

In case of compensation, deposits in foreign currency are converted into ALL, at the official exchange rate, on the day the bank or SCA is placed in forced liquidation.

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