NEW EFDI MEMBER: Deposit Guarantee Fund in the Banking System of Moldova (FGDSB)

We are very excited to announce that the Deposit Guarantee Fund in the Banking System (FGDSB) of Moldova has become a new EFDI Member.

FGDSB was established on July 1, 2004, as a legal entity under public law, based on the Law of the Republic of Moldova no. 575 of December 26, 2003, regarding the guarantee of deposits in the banking system.

Currently, FGDSB operates under the Law of the Republic of Moldova no. 160 of June 22, 2023, which partially aligns Moldova's deposit guarantee framework with EU standards. 

FGDSB serves as Moldova’s statutory bank deposit guarantee scheme and also administers the Bank Resolution Fund since 2020, ensuring financial resources are available to support resolution measures for distressed banks.

The executive management of the FGDSB is carried out by the General Director, who oversees the Fund's operations, reports to the Supervisory Board, and represents the Fund in relations with public authorities, entities, and organizations nationally and internationally. In September 2024, the Supervisory Board appointed Dionis Catanoi as General Director.

You can find more information about the FGDSB in the attached information sheet.

The inclusion of the FGDSB is a step forward in EFDI's mission of strengthening the role of deposit guarantee schemes and promote European cooperation in the field of deposit insurance.  

With the incorporation of FGSB, EFDI gathers 71 Members Institutions: 56 Deposit Guarantee Schemes and 15 Investor Compensation Schemes from 50 jurisdictions from Europe at large.

Please join us in welcoming FGDSB to EFDI, where we look forward to a very fruitful collaboration.

For any additional information, please contact [email protected].

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