This video pretends to clarify what the Guarantee Fund for Deposits of Credit Institutions is. We structured it in four main parts: the first one consists in a short introduction where we explain the most important aspects of this spanish entity. In the second one, we talk about how it works in other countries: Central Africa countries, Korea (both North and South Korea) and the United States. We left the European Deposit Insurance Scheme for the third part, where we introduce this plan and how it will help banks in the euro area.
We decided to end up this video with some conclusions, where we show our concern about the DGF, the current situation of Spain’s economy and its effects in the market, since we are facing an economic slowdown.