VŠĮ „Indėlių ir investicijų draudimas“

What VŠĮ „Indėlių ir investicijų draudimas“ does

VŠĮ „Indėlių ir investicijų draudimas" (Public Institution Deposit and Investment Insurance) is a Lithuanian public institution founded in 1996 and headquartered in Vilnius, operating under the ownership rights of the Ministry of Finance. It administers three statutory funds: the Deposit Insurance Fund (Indėlių draudimo fondas), which compensates depositors up to €100,000 per depositor per credit institution; the Investor Compensation Fund (Įsipareigojimų investuotojams draudimo fondas), which protects investor assets up to €22,000 per investor; and the Resolution Fund (Pertvarkymo fondas), administered in coordination with the Single Resolution Board for bank resolution actions. The institution covered €38.57 billion in insured deposits across 32.35 million depositor accounts at end-2024, with €371.26 million accumulated in the Deposit Insurance Fund (0.96% of insured deposits, above the 0.8% EU minimum).

The entity collects mandatory annual contributions from Lithuanian banks, credit unions, and investment firms under contribution rates set by the Minister of Finance (0.12% of covered deposits for July 2026–June 2027). It pays out insurance compensation through a network of designated paying-agent banks (SEB, Swedbank, Šiaulių bankas, Medicinos bankas, Citadele, and others), through an electronic government portal (paraiskos.idf.lt), in-person at its Vilnius headquarters, or via registered mail. Compensation is delivered within 7 business days for deposit insurance events and within 3 months (extendable to 6 months) for investor protection cases.

The institution is a lean public-sector administrator (11 employees) with no commercial revenue model; it is funded through fund management rather than sales. Its operations are ISO 9001:2015 certified (Bureau Veritas) and it is a full member of the European Forum of Deposit Insurers (EFDI) since 2004 and an active participant in the International Association of Deposit Insurers (IADI). In 2024 its legal status changed from State Enterprise to Public Institution.

Name

VŠĮ „Indėlių ir investicijų draudimas“

Legal name

Viešoji įstaiga „Indėlių ir investicijų draudimas"

Website

https://iidraudimas.lt

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

VŠĮ „Indėlių ir investicijų draudimas" is a Lithuanian public institution that administers the country's mandatory deposit insurance (up to €100,000), investor compensation (up to €22,000), and bank resolution funds, collecting statutory contributions from banks, credit unions, and investment firms under Ministry of Finance oversight.

Ownership category

akta.pro rank

Product category

Deposit Insurance Administration

NAICS

Other Insurance Funds (525190)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro industry

PRIMARYFSAAAGAG

Insurance General Accounts (Institutional Asset Owners)

Financial & Insurance/Asset & Wealth Management/Asset Management — Institutional (Pensions, Endowments, Sovereign)

SECONDARYFSAFAHAD

Fund Custody & Depositary Services (UCITS/AIFMD & Mutual Funds)

Financial & Insurance/Financial Exchanges & Market Infrastructure/Custody & Safekeeping Services (Global/Local Custodians)

Keywords

• Deposit insurance administration
• Investor compensation schemes
• Bank resolution funds
• Statutory financial protection
• Public insurance fund management

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

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 Fund contributions: Credit institutions pay annual contributions to the Deposit Insurance Fund based on volume of covered deposits and their respective risk coefficients. Contributions are set annually by the Minister of Finance and allocated proportionally among participants, paid monthly.
2. Investor Compensation Fund contributions: Annual fixed contributions from financial institutions providing investment services range from EUR 868 to EUR 2,896. Additional contributions may be calculated based on total value of client orders executed during the preceding calendar year.
3. Resolution Fund contributions: Resolution Fund participants pay annual contributions as determined by the Single Resolution Board (SRB).

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

VŠĮ „Indėlių ir investicijų draudimas" administers Lithuania's statutory deposit insurance, investor compensation, and resolution funds. It collects mandatory annual contributions from banks, credit unions, and investment firms; manages reserve assets; and pays compensation to depositors (up to EUR 100,000 per depositor per institution within 7 business days) and investors (up to EUR 22,000 per investor per institution within 3–6 months) when covered institutions fail. The institution operates exclusively under public mandate, with no commercial substitutes, and aligns fully with EU Directive 2014/49/EU and related regulations.

Product overview

VŠĮ „Indėlių ir investicijų draudimas" is a public institution providing three interconnected insurance fund management services: the Deposit Insurance Fund (protecting deposits up to EUR 100,000), the Investor Compensation Fund (protecting investments up to EUR 22,000), and the Resolution Fund (for bank resolution activities). The institution processes insurance payouts, collects contributions from financial institutions, and administers these funds in accordance with Lithuanian and EU law.

Differentiator

Problem solved

Functional benefit

Products and services

• Deposit Insurance Fund (Indėlių draudimo fondas) A statutory fund that protects deposits held by depositors of banks and credit unions, providing compensation up to EUR 100,000 per depositor in case of a participating institution's insolvency. Coverage applies to natural and legal persons in all currencies.
• Investor Compensation Fund (Įsipareigojimų investuotojams draudimo fondas) A fund that insures liabilities of banks, financial brokerage firms and management companies to investors, protecting financial instruments and money up to EUR 22,000 per investor when the investment firm fails to meet its obligations. Compensation is paid within 3 months, extendable to 6 months.
• Resolution Fund (Pertvarkymo fondas) A fund used when applying resolution tools to maintain critical banking services, limit disruption to the wider economy, and finance resolution actions. Participants pay annual contributions as determined by the Single Resolution Board (SRB).
• Insurance Payout Services Calculation and payment of insurance compensation to eligible depositors and investors, with payouts made within 7 business days for deposits and within 3 months for investor protection cases through designated paying agent banks, the e-government portal (paraiskos.idf.lt), in-person service, or registered mail.

Quantifiable outcome

• Compensation paid within 7 business days of insured event for deposit insurance
• +4 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core and minor.

• European Forum of Deposit Insurers (EFDI)coreStrategic or Co-development Partner · 1 January 2004Full member since 2004. EFDI is an international non-profit association established in 2002, bringing together 71 member institutions (56 Deposit Guarantee Schemes, 15 Investor Compensation Schemes) from 50 European jurisdictions. Primary objective: promote cooperation among European deposit guarantee and investor compensation schemes, facilitate exchange of expertise and best practices, support development of effective depositor and investor protection frameworks.
• International Association of Deposit Insurers (IADI)coreStrategic or Co-development PartnerActive participant in IADI activities. IADI established in 2002 with 108 member organizations worldwide. The organization cooperates with IADI to share best practices and contribute to international deposit insurance policy development.
• European Banking Authority (EBA)minorStrategic or Co-development PartnerMaintains working relationship with EBA through EFDI membership. EBA updates O-SII lists that affect Lithuanian banks holding largest share of insured deposits.
• European CommissionminorStrategic or Co-development PartnerEFDI maintains close working relationships with European Commission. Participates in discussions on financial stability, crisis management, deposit guarantee schemes, and bank resolution policies at European level.
• European Central BankminorStrategic or Co-development PartnerEFDI maintains close working relationships with ECB. Engages in policy discussions relevant to deposit insurance and financial stability.
• World Bank and International Monetary FundminorStrategic or Co-development PartnerEFDI maintains relationships with World Bank and IMF for financial stability discussions and policy development.
• 35 Deposit Guarantee and Investor Compensation Institutions (33 countries)minorStrategic or Co-development PartnerBilateral professional relations maintained with 35 institutions across 33 countries including 26 in Europe, 4 in Asia, 3 in South America, 2 in North America. Facilitates exchange of information and best practices in depositor and investor protection.
• Ministry of Finance of the Republic of LithuaniacoreStrategic or Co-development PartnerThe rights and obligations of the owner of the institution are exercised by the Ministry of Finance. Ministry determines annual contribution rates for deposit insurance. Institution participates in 2024-2028 public financial education action plan approved by Ministry of Finance.
• Bank of LithuaniacoreStrategic or Co-development PartnerBank of Lithuania serves as supervisory authority and resolution authority. Council members include Bank of Lithuania officials (Director of Banking and Insurance Supervision Department, Director of Financial Stability Department). Institution participates in initiatives organized by Bank of Lithuania including International Investors Week.
• Lithuanian Junior AchievementminorStrategic or Co-development PartnerContributes to educational initiatives organized by Lithuanian Junior Achievement as part of public financial education activities.
• Single Resolution Board (SRB)coreStrategic or Co-development PartnerSRB administrates Resolution Fund contributions for most Lithuanian Resolution Fund participants. Resolution Fund resources managed in coordination with SRB requirements.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Federal Deposit Insurance Corporation (FDIC): U.S. federal agency insuring deposits at commercial banks and savings institutions, operating a Deposit Insurance Fund with mandatory member assessments. Most established and globally referenced deposit guarantee scheme, providing a structural template for national schemes such as Lithuania's.
• Fondo Interbancario di Tutela dei Depositi (FITD): Italian voluntary interbank deposit guarantee fund covering bank deposits in Italy. Directly comparable as an EU member-state DGS operating mandatory depositor protection with member-bank contributions under the EU harmonised framework.
• Fonds de Garantie des Dépôts et de Résolution (FGDR): France's deposit guarantee and resolution fund administrator, providing deposit protection up to €100,000 and managing investor/institution guarantee mechanisms. Directly comparable as a eurozone DGS/IOS operating under the same EU Directive 2014/49/EU framework.
• Fondo de Garantía de Depósitos de Entidades de Crédito (FGD): Spain's deposit guarantee fund for credit institutions, providing €100,000 depositor coverage under EU Directive 2014/49/EU. Directly comparable as another eurozone DGS with similar statutory structure and member-bank contributions.
• Danish Guarantee Fund (Garantiformuen): Denmark's private deposit guarantee fund covering depositors at Danish banks. Directly comparable as an EFDI member and EU-aligned DGS collecting mandatory contributions from member institutions.
• De Nederlandsche Bank (DNB) - Depositogarantiestelsel: Dutch central bank administering the Netherlands' deposit guarantee scheme covering banks up to €100,000 per depositor. Directly comparable as an EU DGS regulator operating within the European Banking Union framework alongside the SRB.
• Einlagensicherung der Banken und Bankiers der Republik Österreich: Austrian statutory deposit guarantee scheme providing depositor protection at Austrian banks. Directly comparable as an EFDI member and EU-aligned DGS with member-bank contribution mechanics similar to Lithuania's scheme.
• Bulgarian Deposit Insurance Fund (Фонд за гарантиране на влоговете): Bulgarian state-owned deposit insurance fund guaranteeing deposits at Bulgarian banks and EU-aligned coverage up to €100,000. Comparable as a small-economy, Eastern European EU DGS with similar institutional structure and EFDI membership.
• Deposit Guarantee Fund of Finland: Finland's deposit guarantee fund protecting depositors up to €100,000 at Finnish credit institutions. Directly comparable as a fellow small-economy EU DGS operating under the same EU Directive framework.

Broad incumbents

• Single Resolution Board (SRB): EU-level resolution authority administering the Single Resolution Fund and coordinating bank resolutions in the Banking Union, including setting Resolution Fund contributions for Lithuanian participants. Comparable as the higher-level resolution counterparty whose mandates interface directly with the subject institution.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ltdgs

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 VŠĮ „Indėlių ir investicijų draudimas“