Interventions from 1987 to now
From its beginning, FITD has done a total of 16 interventions. Four interventions were done in the period 1987 to 1996 when membership of the Fund was voluntary. In 1997, membership became mandatory when Directive 94/19/EC was incorporated into Italian law. Since then, 12 interventions were done, of which 6 in the period 2016-2022 in the regulatory framework following the reception of DGSD.
On total interventions of 3.3 billion euro, FITD safeguarded deposits for about 29 billion euro.
Reimbursement of depositors
2 interventions (Art. 11.1 DGSD) - 77 million euro
Alternative interventions
9 interventions by transfer of assets and liabilities (Art. 11.6 DGSD) - 798 million euro
Preventative interventions
5 (Art. 11.3 DGSD) - 2,460 million euro
Resolution financing
No interventions of this kind have been carried out (Art. 11.2 DGSD)
Bank | Year | Type of intervention | Amount in mln € |
---|---|---|---|
Banca Carige | 2022 | Support intervention | 530.0 |
Aigis Banca | 2021 | Transfer of assets and liabilities | 48.8 |
Banca Popolare di Bari | 2020 | Support intervention | 1,170.0 |
Banca Carige | 2019 | Support intervention | 301.0 |
Banca del Fucino | 2019 | Support intervention | 30.0 |
Banca Base | 2018 | Transfer of assets and liabilities | 530.0 |
Banca Popolare delle Province Calabre | 2016 | Transfer of assets and liabilities | 1.4 |
Banca Network Investimenti | 2012 | Reimbursement of depositors | 73.9 |
Banca MB | 2011 | Transfer of assets and liabilities | 40.0 |
Banco Emiliano Romagnolo | 2011 | Support intervention | 16.0 |
Banca Valle d'Itria e Magna Grecia | 2010 | Transfer of assets and liabilities | 5.0 |
Sicilcassa | 1997 | Transfer of assets and liabilities | 516.5 |
Credito Commerciale Tirreno | 1997 | Transfer of assets and liabilities | 51.4 |
Banca di Credito di Trieste | 1996 | Transfer of assets and liabilities | 86.8 |
Banca di Girgenti | 1991 | Transfer of assets and liabilities | 43.9 |
Banco di Tricesimo | 1990 | Reimbursement of depositors | 3.4 |
Cassa di Risparmio di Prato | 1988 | Support intervention | 413.2 |