INSURANCE COVERAGE LIMIT

The Fund provides insurance coverage limit up to Birr 100,000 per a depositor per a member financial institution by

  • Adding up all insurable deposits of a depositor maintained in different accounts of the member financial institution, including accrued interest;
  • Converting a foreign currency denominated deposits into the equivalent amount in Birr at buying exchange rate; or
  • Netting matured loans and held for collateral deposits of the depositor.

100,000 Birr