The EBA publishes this data on a yearly basis, with the objective of enhancing the transparency and public accountability of deposit guarantee schemes (DGSs) across the EU to the benefit of depositors, markets, policymakers, DGSs and Members States.
Available financial means data provided for 31 December 2017 shows that 32 out of a total of 43 DGSs in EU Member States have increased their funds since 31 December 2016.
This results from the levies paid by the members of those DGSs, which have been raised in order to reach the target level of 0.8% of covered deposits set out in the DGSD by July 2024.
For another six DGSs, the available financial means have decreased mainly because these DGSs were required to use their funds to reimburse depositors within the course of 2017, and no significant changes occurred in the remaining five DGSs.
The data also shows that the target level of 0.8% of covered deposits has already been achieved by 17 of the 43 DGSs.