Resolution cases

The European Banking Authority (EBA) has received a notification from the Baca d'Italia (Bank of Italy) regarding the updated resolution strategy for four banks (the Banca delle Marche, Banca Popolare dell'Etruria e del Lazio, Cassa di Risparmio di Ferrara and Cassa di Risparmio della Provincia di Chieti) which have been put under resolution on 25 November 2017.
To find out more about the decision, click here.
To find out more about the previous decisions taken regarding resolution of these banks, click here.



Liquidation cases with DGS payouts


Other DGS interventions

The EBA has received a notification from the Italian Interbank Deposit Protection Fund (Fondo Interbancario di Tutela dei Depositi) in relation to the national insolvency proceeding of Banca Sviluppo Economico S.p.A. which required the use of DGS funds (EUR 4.5 million) in order to support the transfer of the assets and liabilities (including the deposit book) of the mentioned bank to the Banca Agricola Popolare di Ragusa S.p.A.. The guaranteed deposits amounted to EUR 26.80 million covering 1602 depositors.
Click here to view the notification letter.