NDIF compensated 63,000 depositors in 2014

Press release 21 January 2015 Hungarian deposit insurance was fast and reliable in 2014 too In 2014 the National Deposit Insurance Fund of Hungary (NDIF) compensated over 63,000 depositors of nine credit institutions – reveals the annual statement of the Fund. Total compensation payouts exceeded HUF 119 billion. Using the databases of the affected credit institutions NDIF repaid the overwhelming majority of the holders of covered deposits much sooner than the 20 working days deadline. In 2014 the depositors of nine credit institutions had to be compensated in Hungary. In addition to payouts related to six credit institutions that were closed down during the year, some repayments were rolled over… Read More

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