We protect
your deposits
The Interbank Deposit Protection Fund is a private-law Consortium established in 1987 on a voluntary basis. It has since become a mandatory Fund. FITD guarantee deposits in the member banks up to 100,000 euro for depositor for bank with resources provided by the banking sector.
124
Member banks
50 millions
Protected depositors
€ 6.0 billions
Financial resources
€ 100.000
Guaranteed per depositor and per bank
7
Working days depositors' payout
Member banks
All Italian banks are members of the FITD, except for the cooperative banks, rural/raiffeisen banks (that are instead members of the Depositors Guarantee Fund of Credit Cooperative Banks) and branches of non-EU banks authorized in Italy if they already participate in an equivalent scheme in their home country.
What we do
Depositor guarantee
FITD guarantee deposits in the member banks up to 100,000€ for depositor.
International cooperation
FITD actively operates within the network formed by the guarantee systems at international level.
AWARDS
Morningstar DBRS upgrades FITD Long-Term Issuer Rating to “A (high)”, trend changed to Stable
The rating upgrades are a further positive recognition of FITD’s role and of the work carried out to protect depositors and support its member banks.
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ABOUT US
Strategic guidelines 2025 - 2027
The Strategic Guidelines for the three-year period 2025–2027 are a medium-term planning document aimed at guiding FITD's actions in a structured and forward-looking manner within the relevant context.
Read the guidelines →
CORPORATE
Sustainability Report 2024
Find out our commitment towards a responsible governance, environmental and social issues and process innovation, with the goal to protect depositors and the system stability.
Find out about reporting →
CORPORATE
Annual Report 2024
Browse the 2024 FITD Annual Report to discover the main results, activities and objectives achieved during the year. It shows our commitment to transparency and efficiency protecting depositors and financial stability.
Browse Annual Report →
Last news
Read all news →11 November 2025
Advertising campaign in collaboration with Pubblic
FITD continues its commitment to raising public awareness about deposit protection. Thanks to its recent collaboration with Pubblicità Progresso, the Fund has contributed to the production of an insti ...
25 October 2025
Morningstar DBRS upgrades FITD Long-Term Issuer Rating to “A (high)”, trend changed to Stable
On 24 October 2025, Morningstar DBRS upgraded FITD’s (Fondo Interbancario di Tutela dei Depositi ) Long-Term Issuer Rating to A (high) and its Short-Term Issuer Rating to R-1 (middle). At the same tim ...
23 October 2025
FITD and FEduF (ABI) meet students in Rome
FITD – the Interbank Deposit Protection Fund –, in collaboration with FEduF – the Foundation for Financial Education and Saving –, has launched a financial education initiative for the upper secondary ...
21 May 2025
Sustainability Report 2024
As of today, the FITD Sustainability Report 2024 is available under the dedicated section
28 February 2025
Press Release FITD and SVI
A press release on FITD and SVI Annual General Assemblies of today is available in the Communications section.
15 November 2024
2024 IADI Annual General Meeting
The works of the 23rd IADI Annual General Meeting concluded today in Tokyo. During the meetings, the FITD Director General Alfredo Pallini was first confirmed as a member of EXCO and then appointe ...
Financial Education
Understand the Economy and Banking
Learn the key concepts, from the basics of money to how deposit guarantee works.
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Protect your savings from fraud
Become more aware of digital threats and ways to safeguard your financial security.
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What is the scope of coverage of FITD? |
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FITD coverage applies to: current accounts, cash and time deposits, nominative certificates of deposit, nominative saving books and banking drafts.
What is the coverage level applied to the FITD guarantee? |
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The level of coverage is 100,000 euro per depositor per institution. The limit also applies for banks of the same banking group.
When are depositors reimbursed? |
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The reimbursement of depositors occurs only in case of Compulsory Administrative Liquidation of a bank.
Banking law
How long does the reimbursement process take? |
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Depositors are reimbursed within 7 working days from the date on which the Compulsory Administrative Liquidation of the bank started.
Need
more information?
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