Deposit Insurance Agency

What Deposit Insurance Agency does

The Deposit Insurance Agency of Serbia (Агенција за осигурање депозита, АОД) is a specialized state body established in 2005 under the Deposit Insurance Law and currently governed by the Deposit Insurance Agency Law (Official Gazette of the Republic of Serbia, No. 94/24). It operates as the sole statutory deposit insurer in Serbia, with all banks licensed by the National Bank of Serbia (21 member banks) required to participate. The agency administers three integrated functions: a mandatory deposit insurance scheme protecting individuals, entrepreneurs, and micro/small/medium legal entities up to EUR 50,000 per depositor per bank (guaranteed by the Republic of Serbia); the Investor Compensation Fund (operated since 2011) covering retail investor claims up to EUR 20,000 per ICF member's client; and bankruptcy/liquidation administration for failed banks, insurance companies, and financial leasing providers, including asset recovery for the state.

Revenue is generated exclusively through mandatory bank premiums — an initial one-time premium (0.3% of cash portion of minimum initial capital), recurring quarterly premiums (0.2% of total insured deposits), and extraordinary premiums (up to 0.4% of insured deposits annually when needed) — applied to an insured deposit base of EUR 22.9 billion as of December 2020. Depositor coverage is free at the point of service; the agency has no commercial sales motion and no private shareholders, operating under a Board chaired by the Assistant Minister of Finance with National Bank of Serbia representation. Supporting infrastructure consists of standardized regulatory reporting portals (AGOD reports for banks, ZI01 input application for ICF members) and public-facing multilingual education resources; the agency is a member of the European Forum of Deposit Insurers (since 2004) and the International Association of Deposit Insurers (since 2011).

Name

Deposit Insurance Agency

Legal name

Deposit Insurance Agency of Serbia (Агенција за осигурање депозита)

Website

https://aod.rs

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

The Deposit Insurance Agency of Serbia is a statutory state body that insures bank deposits up to EUR 50,000 per depositor, operates the Investor Compensation Fund, and administers bankruptcy/liquidation proceedings for failed banks and financial institutions in Serbia.

Ownership category

akta.pro rank

Product category

Deposit Insurance

NAICS

Insurance and Employee Benefit Funds (5251), Finance and Insurance (52)

SIC

Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Financial Services Regulators (Banking, Securities, Insurance) (BPAIAOAK)

Keywords

• Deposit insurance
• Investor compensation
• Financial stability
• Bank resolution
• Insolvency administration

Headquarters

HQ city

Belgrade

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Others

Revenue model

1. Deposit Insurance Premiums from Banks: Banks licensed by the National Bank of Serbia pay mandatory deposit insurance premiums: initial premium (0.3% of cash portion of minimum initial capital), regular quarterly premiums (0.2% of total insured deposits), and extraordinary premiums (maximum 0.4% of total insured deposits annually). Deposit insurance is free for depositors.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

The Deposit Insurance Agency of Serbia is a specialized state body that administers the mandatory deposit insurance system covering depositors (individuals, entrepreneurs, micro, small, and medium-sized legal entities) up to EUR 50,000 per depositor per bank across all 21 National Bank of Serbia-licensed banks. It also operates the Investor Compensation Fund (ICF) protecting retail investor claims up to EUR 20,000 per ICF member's client, and acts as bankruptcy/liquidation administrator for failed banks, insurance companies, and financial leasing providers.

Product overview

Deposit Insurance Agency (Агенција за осигурање депозита, АОД) is a specialized state body operating as a single-platform government service with multiple integrated functions. The core offering consists of the Deposit Insurance Scheme (protecting deposits up to EUR 50,000), the Investor Compensation Fund (covering retail investor claims up to EUR 20,000), and Bankruptcy/Liquidation Administration services. Supporting infrastructure includes the Insured Deposits Reporting Portal for quarterly statistical reporting and the Bank Reporting System (AGOD Reports) for mandatory bank disclosures. The agency also provides public-facing resources including video guides, downloadable guides, and interactive quizzes in Serbian, Latin, and English languages.

Differentiator

Problem solved

Functional benefit

Brands

• Investor Compensation Fund (ICF): A fund operated by the Deposit Insurance Agency to protect retail investors' claims up to EUR 20,000 in RSD equivalent per ICF member's client.

Products and services

• Deposit Insurance Scheme Mandatory deposit insurance system protecting depositors (individuals, entrepreneurs, micro, small, and medium-sized legal entities) up to EUR 50,000 per depositor per bank, ensuring safety of deposits and contributing to financial system stability.
• Investor Compensation Fund (ICF) Retail investor protection scheme operated by DIA, covering claims up to EUR 20,000 per ICF member's client for money deposited and/or generated from investment services and financial instruments.
• Bankruptcy and Liquidation Administration DIA acts as bankruptcy/liquidation administrator for banks, insurance companies, and financial leasing providers, managing estate assets and conducting proceedings under applicable law.

Quantifiable outcome

• Depositor reimbursement within 7 weekdays from court ruling on insolvency/liquidation
• +1 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• EFDI – European Forum of Deposit InsurerscoreStrategic or Co-development PartnerThe Agency has been a member of EFDI since November 2004. EFDI was founded on 11 October 2002 in Vienna to contribute to stability of financial systems by promoting cooperation of European countries in deposit insurance. EFDI currently has 66 members from 44 European countries.
• IADI – International Association of Deposit InsurerscoreStrategic or Co-development PartnerThe Agency became a member of IADI in February 2011. IADI was founded on 6 May 2002 in Basel to enhance deposit insurance systems through international cooperation. IADI currently has 77 members from 80 countries, including representatives of World Bank, IMF, and European Commission.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Regional players

• Deposit Protection Fund of Montenegro: Montenegro's statutory deposit protection fund — covers insured deposits at Montenegrin banks with a comparable EUR-denominated cap. Regional Western Balkans counterpart that DIA cooperates with through EFDI.
• Deposit Insurance Agency of North Macedonia: North Macedonia's deposit insurance fund — regional peer referenced explicitly in DIA's regional cooperation meetings, with comparable mandate and EUR-denominated coverage.
• Deposit Insurance Agency of Bosnia and Herzegovina: Bosnia and Herzegovina's deposit insurance agency — operates under a similar mandatory premium model and serves as a regional cooperation partner referenced in DIA's materials.

Direct peers

• Financial Services Compensation Scheme (FSCS): UK statutory compensation scheme covering deposits, investments and insurance with payout timelines and per-claim limits similar in spirit to DIA's deposit insurance plus ICF functions. Closest European peer in scope and structure.
• Hong Kong Deposit Protection Board: Hong Kong's statutory deposit protection scheme with similar statutory mandate, member-bank coverage, and payout-window discipline. Direct international equivalent for benchmarking DIA's operational model.
• Državna agencija za osiguranje štednih uloga i sanaciju banaka (Croatian DAB): Croatia's deposit insurance and bank resolution agency — the most structurally similar peer given shared post-Yugoslav legal tradition, EU alignment, and combined deposit insurance + bank resolution mandate. Active EFDI/IADI counterpart.
• Canada Deposit Insurance Corporation (CDIC): Canadian federal deposit insurer protecting deposits at member banks up to a CAD-denominated cap, with explicit statutory powers and resolution mandate. Direct international equivalent to DIA's deposit insurance scheme.
• Singapore Deposit Insurance Corporation: Singapore's deposit insurance corporation with explicit statutory protection limits and mandatory membership. Functionally aligned with DIA and a comparable small-jurisdiction model.

Broad incumbents

• Federal Deposit Insurance Corporation (FDIC): The US deposit insurance and bank resolution agency. Operates the same core mandate as DIA (insure deposits up to a statutory cap, manage failed-bank resolutions) at vastly larger scale; direct functional analog.

Others

• European Forum of Deposit Insurers (EFDI): European membership body for national deposit insurers (66 members, 44 European countries) of which DIA has been a member since 2004. Indirect peer via shared standards and knowledge exchange rather than direct competition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights2 records

Customer concentration

• LinkedInlinkedin.com/company/deposit-insurance-agency

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Deposit Insurance Agency