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Annual report of the Bank Guarantee Fund
2020
The Bank Guarantee Fund’s own funds constitute:
the statutory fund,
the cooperative banks’ restructuring fund,
the banks’ guarantee fund,
the credit unions’ guarantee fund,
the banks’ resolution fund,
the credit unions’ resolution fund,
own funds reduction in the case of fulfilment of the guarantee condition or in the case of using the resolution
mechanisms (negative value),
the revaluation fund.
For the disbursement of guaranteed resources to bank depositors, the source of ex post financing, after the own resources
referred to in Article 56 of the BFG Act have been exhausted, is formed by the resources collected by banks in the form
of funds for the protection of guaranteed resources. The value of the fośg updated as of 1 July 2020 by banks for 2020
(based on the basis for calculating the amount of obligatory reserves for April 2020) amounted to PLN 5 857.0 million.
The value of the fośg created by banks as of 31 December 2020 has not changed with respect to the value of the fośg
updated by banks as aof 1 July 2020.
In Q1 2020, the total amounts of contributions to the guarantee funds of banks and credit unions as well as the resolution
funds of banks and credit unions for 2020 were determined in the following amounts:
8.2 Determination of contributions
1 575
mln PLN
1 600
mln PLN
910
thousand
PLN
27
mln PLN
For the banks’
guarantee fund
For the banks’
resolution fund
For the credit unions’
guarantee fund
For the credit unions’
resolution fund
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