Lithuania notifications

Resolution cases

Liquidation cases with DGS payouts

The EBA has received a notification from Indėlių ir investicijų draudimas (the Deposit and Investment insurance) in Lithuania in relation to the determination of the unavailability of deposits at Taupkasė credit union which required the use of DGS funds to reimburse 2572 depositors. The guaranteed deposits amounted to EUR 18.68 million.

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27/02/2018
The EBA has received a notification from Indėlių ir investicijų draudimas (the Deposit and Investment insurance) in Lithuania in relation to the determination of the unavailability of deposits at Taupkasė credit union which required the use of DGS funds to reimburse 2572 depositors. The guaranteed deposits amounted to EUR 18.68 million.

Click here to view the notification letter.

27/02/2018
The EBA has received a notification from Indėlių ir investicijų draudimas (the Deposit and Investment insurance) in Lithuania in relation to the determination of the unavailability of deposits at Centro taupomoji kasa credit union which required the use of DGS funds to reimburse 1000 depositors. The guaranteed deposits amounted to EUR 10.56 million.

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08/02/2018
The EBA has received a notification from Indėlių ir investicijų draudimas (the Deposit and Investment insurance) in Lithuania in relation to the determination of the unavailability of deposits at Vilniaus kreditas credit union which required the use of DGS funds to reimburse 1247 depositors. The guaranteed deposits amounted to EUR 20.4 million.

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01/12/2017
The EBA has received a notification from Indėlių ir investicijų draudimas (the Deposit and Investment insurance) in Lithuania in relation to the determination of the unavailability of deposits at Baltija credit union which required the use of DGS funds to reimburse 967depositors. The guaranteed deposits amounted to EUR 8.61 million.

The EBA received a notification about the use of DGS funds to reimburse additional 58 depositors whose guaranteed deposits amounted to EUR 2.9 million. In total, the credit union therefore possessed 1025 depositors with guaranteed deposits amounting to EUR 11.51 million.

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Click here to view the follow-up notification letter.

01/12/2017
The EBA has received a notification from the Indėlių ir investicijų draudimas (the Deposit and Investment insurance) in Lithuania in relation to the determination of the unavailability of deposits at Namų credit union which required the use of DGS funds to reimburse 319 depositors. The guaranteed deposits amounted to EUR 1.09 million.

The EBA received a notification about the use of DGS funds to reimburse additional 10 depositors whose guaranteed deposits amounted to EUR 0.29 million. In total, the credit union therefore possessed 329 depositors with guaranteed deposits amounting to EUR 1.38 million.

Click here to view the initial notification letter.

Click here to view the follow-up notification letter.

01/12/2017
The EBA has received a notification from the Lithuanian Deposit and Investment Insurance Scheme in relation to the determination of the unavailability of deposits at Credit Union Amber that required the use of DGS funds. The bank had 995 covered depositors with covered deposits of EUR 20.1 million.

2/09/2016

Other DGS interventions