Your deposits with Šiaulių bankas are insured at the State enterprise „Deposit and Investment Insurance” under amendments and supplements of the article 5,9 of the the applicable Law on Deposit and Liabilities Insurance for Investors of the Republic of Lithuania No.IX-975 on 20-06-2002. This law defines that in case of the bank’s bankruptcy you will receive compensation for all the lost deposit or its defined portion from the Deposit Insurance Fund administrated by "Deposit and Investment Insurance". The information regarding deposit insurance is available on the website of "Deposit and Investment Insurance".


Object of insurance are deposits from individuals and legal entities in litas and foreign currency - in euros, in USA dollars as well as in currencies of countries that are the members of the European Union.
A deposit  is an amount of money that includes money kept at the bank in accordance with a deposit and (or) bank account agreement and accrued but not yet paid interest.
An insurance amount may not exceed EUR 22 000 or the relevant amount in litas.

The amounts of the insurance premiums paid to the depositors:
• 100% of the deposit in litas or foreign currency for the amount equal to the sum up to EUR 100 000 (LTL 345 280)

Insurance payouts are paid from DIF within three months from the day the legal proceeding because of the Bank’s bankruptcy are started (in rare cases - within nine months).
"Deposit and Investment Insurance" VĮ  provides guarantee to your deposit!
The State enterprise „Deposit and Investment Insurance” is registered on December 16th 1996 and started insuring the deposits of inhabitants since March 1st 1997.