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11.11.2025 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 institutional advertising campaign, which includes a TV commercial broadcast on major national channels (Rai, Sky, W.B Discovery, Mediaset). The aim is to reach as many citizens as possible and to remind them that bank deposits are guaranteed by the FITD up to 100,000 euro per depositor and per bank, with resources provided by the banking sector. The campaign is also shared on the FITD’s social media channels and website, as well as on the Pubblicità Progresso website.

25.10.2025 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 time, Morningstar DBRS upgraded the Long-Term Senior Debt Rating to A (low). The trends on all ratings were changed from Positive to Stable. In assigning FITD’s ratings, Morningstar DBRS reaffirmed the very high degree of essentiality of FITD, due to the its key role within the safety net of the Italian banking system; FITD’s good track record of implementing effective precautionary bank-related support in constant cooperation with the Bank of Italy; its proactive approach to early interventions, which has further reduced the amount of pay-outs and its robust financial position. 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. The Morningstar DBRS press release is available at the following link: https://dbrs.morningstar.com/research/465583/morningstar-dbrs-upgrades-fitd-long-term-issuer-rating-to-a-high-trend-changed-to-stable

23.10.2025 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 schools. The first financial education meeting will take place on 24 October 2025 at the “Livia Bottardi” Technical Institute for Tourism in Rome. Press release

21.05.2025 Sustainability Report 2024 As of today, the FITD Sustainability Report 2024 is available under the dedicated section

28.02.2025 Press Release FITD and SVI A press release on FITD and SVI Annual General Assemblies of today is available in the Communications section.

15.11.2024 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 appointed to the position of First Vice-Chair of IADI for the three-year period 2024-2027. This important confirmation reflects the global recognition of FITD Director General’s and the Fund’s commitment to the International Association of Deposit Insurers. The proposed revision of the Core Principles for Effective Deposit Insurance Systems was also approved. A public consultation was launched to allow key stakeholders to express their views.

12.11.2024 Financial Education Today FITD in partnership with Unitelma, FEduF and the Scuola Politica Vivere la Comunità organized the seminar “Al Bar Sport. Educazione Finanziaria, Sport e Inclusione” to promote the financial education in sports field and to launch the first FITD financial education booklet. FITD thanks all the partners who contributed to the success of the event.

30.10.2024 FSB, BIS, IADI Joint Resolution Conference On 29 and 30 October the joint conference of the Financial Stability Board, the Bank for International Settlements and the International Association of Deposit Insurers, entitled "Testing the policy framework: reflections following the 2023", was held in Basel. The conference, which was attended by the FITD Chair (Prof. Mario Stella Richter) and Director General (Alfredo Pallini), featured an interesting and in-depth discussion on the banking crisis management framework and the role of deposit guarantee schemes in the light of the 2023 banking turmoil.

14.06.2024 End of the 79th IADI Executive Council Meeting After four intense and productive days, IADI's 79th EXCO Meetings in Rome has come to an end. FITD had the honor of hosting more than 90 participants in attendance from 33 nations, discussing issues crucial to deposit guarantee schemes globally. From regional committee meetings to Council Committees sessions, to keynote speeches by leading figures such as Alessandra Perrazzelli, Sebastiano Laviola, and Michel Patra, and the 79th Executive Council meeting; each moment helped reinforce our common mission. The final tour-de-table highlighted recent developments in the various deposit guarantee schemes, promoting a rich exchange of ideas and experiences. FITD thanks all participants for their commitment and dedication.

10.06.2024 79th IADI Executive Council Meeting FITD is pleased to announce that the 79th EXCO Regional and Council Committee Meetings of the International Association of Deposit Insurers (IADI) will be held in Rome from June 11-14, 2024. This event will bring together more than 90 participants in attendance from 33 nations, representing the world's leading deposit guarantee schemes. It will be intense days of exchanging ideas, discussions and collaborations to strengthen bank deposit security globally.

05.06.2024 Meeting with Pope Francis Today the Chair and Vice-Chair of the International Associaton of Deposit Insurers - IADI (Alejandro Lopez and Alfredo Pallini - Director General of the FITD ) had the honour of meeting Pope Francis at the Vatican. These occasions are not only a testimony to the importance of deposit guarantee schemes and the FITD, but also moments of deep reflection on the ethical role of savings protection in our society. Pope Francis has often spoken of the importance of economic justice and the protection of the most vulnerable, and the work of the FITD and other deposit guarantee schemes around the world fits perfectly into this vision. The protection of bank deposits is not just a technical or financial matter, but represents a moral commitment to the safety and confidence of savers. In an increasingly complex and interconnected world, ensuring that people's savings are protected is crucial to maintaining economic stability and social cohesion. Within the IADI - consisting of 98 deposit guarantee schemes representing as many countries from all over the world - all members are actively engaged in international cooperation and in fulfilling the important mission entrusted to DGSs concerning the protection of bank deposits.

15.05.2024 Press Release FITD and SVI A press release on FITD Board and SVI Board of Management held today is available in the Communications section.

11.03.2024 IADI work priorities for 2024 The FITD and, in particular, the Director General, have been actively involved in the recent initiatives of the International Association of Deposit Insurers (IADI), which in the press release published today outlines the revision of its governance structure, the work plan for 2024 and the resumption of work on the revision of the Core Principles for Effective Deposit Insurance Systems. The changes are part of the aim to ensure that the Association, in its role as a global standard-setter, maintains an agile, effective, member-driven and inclusive structure in which deposit guarantee scheme and other safety-net participants can engage with each other and work to promote the stability of the financial system. FITD is active in international cooperation and encourages opportunities for sharing experience and best practices; it supports the international network and promotes occasions for exchanging and debating with deposit guarantee schemes and actively participates actively participates in the definition of standards applied to DGS. Read the press release

26.02.2024 Press Release FITD and SVI A press release on FITD and SVI Annual General Assemblies of today is available in the Communications section.

14.12.2023 IADI report on the 2023 banking turmoil It’s now available for download the report "The 2023 banking turmoil and deposit insurance systems. Potential implications and emerging policy issues", published by the International Association of Deposit Insurers (IADI). The Report presents a summary of the main issues resulting from the examination of the recent turmoil experienced in the banking system at the international level, from the perspective of deposit insurance systems and for the purpose of sharing experiences, rules, best practices and strategic perspectives. Starting from the Report, useful insights can be drawn on initiatives for the development of deposit insurers’ activities, specifically referring to important topics, including: the level and scope of the guarantee, the implications arising from technological innovation on DGSs, the relevance of communication and cooperation between deposit insurers and with other safety net partners, for the definition of a holistic framework of bank crisis management. FITD supports these in-depth initiatives to share common experiences for the benefit of the DGS community and the financial stability. Download →

29.09.2023 25 – 29 September 2023, Boston (USA) – IADI Annual General Meeting A FITD delegation led by Director General, Alfredo Pallini - IADI Vice President and Chair of the Europe Regional Committee (ERC) - attended the IADI event in Boston hosted by the local deposit guarantee scheme: Massachusetts Credit Union Share Insurance Corporation (MSIC). In this context, IADI's role as a global standard-setter was also strengthened in the light of the recent U.S. and Swiss banking crises. In particular: • Statutory amendments have been approved to expand IADI's role as a global standard-setter and recognize the important role of deposit guarantee schemes in contributing to financial stability as important member of the financial safety net. • A report on the implications of the recent banking crises on deposit guarantee schemes will be published by the end of the year, also as a basis for the revision of the IADI Core Principles for Effective Deposit Insurance Systems scheduled for 2024. Read more in the attached IADI press release. Download →

18.09.2023 EFDI Working Group meeting (18 September 2023, Rome, Fondo Nazionale di Garanzia) A delegation from FITD participated in the meetings of 3 EFDI Working Groups in which FITD actively collaborates: the Banking Union Working Group, the Cross Border Working Group, and the D3 Working Group. The Depositor Guarantee Fund of Cooperative Credit Banks welcomed members of the 3 working groups from many European countries at its headquarters in Rome, and multiple issues related to the collaboration of deposit guarantee funds in both stable and crisis situations were discussed. In addition, the revision of the Directive on Deposit Guarantee Schemes in the context of the CMDI framework was addressed.

05.09.2023 IADI ERC and EFDI Joint Workshop, 4 – 5 September, Berlin, Association of German Banks On 4 and 5 September, FITD representatives participated to the IADI ERC EFDI Joint Conference on “Redefining the Financial Safety Net: Tackling New Challenges and Shaping the Future of Deposit Insurance” hosted by the Association of German Banks (BdB) in Berlin. FITD, as promoter and co-organizer, contributed actively to the organization of the events together with the IADI Secretariat and BdB representatives. Alfredo Pallini (FITD Director General), as ERC Chair, gave its opening and concluding remarks emphasizing the importance of the event in the context of the recent banking turmoil and the Bank crisis management and deposit insurance framework (CMDI) legislative review. Gianluca Grasso (Head of Risk Analysis and Interventions Management, FITD) presented FITD experience in banking crisis interventions as part of Session 2 of the Workshop on “The European Crisis Management and Deposit Guarantee Framework (CMDI) Legislative Package”. The presentation stimulated an interesting discussion on different intervention practices and on the CMDI which is currently a cornerstone of the international debate. The session was moderated by Riccardo De Lisa (FITD Advisor).

06.06.2023 IADI 76th EXCO Meeting and IADI Biennial Research Conference (6th -9th June 2023 Basel - Switzerland) In Basel, IADI has organized a series events of the Association: the Biennial Research Conference, the Council Committees and the Executive Council meetings. The Director of FITD, Alfredo Pallini, as Vice Chair of the Executive Council attended these international gatherings.

24.05.2023 EFDI Annual Meeting and International Conference (24th – 26th May 2023, Budapest – Hungary) A FITD delegation attended the EFDI Annual General Meeting and International Conference “Stability in the European Financial Market: The Indispensable Contribution of the DGSs and ICSs to the Safety Net in Regulatory and Environmental Changes”. FITD contributions at the event were numerous during all the days, in particular at the international conference with a Panel moderation and Speeches.

27.04.2023 CMDI On 18 April 2023 the European Commission published the legislative proposal on the revision of the crisis management and deposit insurance (CMDI) framework. The extensive set of documents revises in detail the content of the DGS Directive, BRRD and SRM Regulation. https://ec.europa.eu/commission/presscorner/detail/en/ip_23_2250

16.03.2023 FITD Vice President Today, FITD Board has appointed dr. Flavia Mazzarella, President of BPER Bank, as Vice President.

28.02.2023 Press Release FITD and SVI A press release on FITD and SVI Annual General Assemblies of today is available in the Communications section.

24.02.2023 Alfredo Pallini has been elected IADI Vice Chair Today, in Basel (Switzerland), at the 75th Executive Council Meeting of IADI (International Association of Deposit Insurers) FITD Director General – Alfredo Pallini - has been elected IADI Vice Chair, association with 93 Deposit Insurance Systems of the World.

27.01.2023 FITD and Voluntary Scheme Annual General Meetings Today, FITD convened for the upcoming 27 February (on first call) and 28 February (on second call) the Annual General Meeting of FITD Member banks, to approve, among other things, the 2022 annual report and balance-sheet and to renew the membership of the FITD statutory bodies. For the same dates, the Voluntary Scheme Annual General Meetings of participating banks was also convened to approve, among other things, the 2022 annual report and financial statements.

10.01.2023 FITD and IID signed a bilateral agreement Today FITD signed a bilateral cooperation agreement with the Lithuanian Deposit Guarantee Scheme (IID - https://www.iidraudimas.lt/en/), within the framework of the institutional functions performed by the two guarantee schemes under EU regulations and the their membership in the European Forum of Deposit Insurers (EFDI - https://www.efdi.eu/ ).

28.10.2022 IADI Annual Conference and Annual General Meeting FITD Director General attended the IADI (International Association of Deposit Insurers) 21° Annual Conference and Annual General Meeting (24- 28 October 2022, Buenos Aires – Argentina). He also moderated the panel “Knocking on our door: building strong safety-nets in a volatile global economy” with experts from Canada, Argentina, Japan and Ghana.

26.09.2022 Memorandum of Understanding FITD-Croatian DIA Today, FITD and the Croatian Deposit Insurance Agency (CDIA) signed a Memorandum of Understanding to strengthen the collaboration between the two institutions. The signing ceremony was celebrated at FITD and presided over by Mr Alfredo Pallini (FITD Director General) and Ms Marija Hrebac (CDIA CEO).

06.09.2022 IADI 20th Anniversary International Conference On 6 and 7 September 2022 the International Association of Deposit Insures has celebrated 20 years since its foundation with various meetings and the international conference on “Enhancing deposit insurance and promoting financial stability around the world: building on the past preparing for future…”. FITD Director General intervened with a speech in the conference panel on “Deposit Insurance, Financial Stability and IADI: the look ahead”.

07.07.2022 IADI 73rd EXCO meeting The 73rd Hybrid Meeting of the IADI Executive Council took place in Basel, Switzerland – 30 June 2022.

30.06.2022 MoU FITD – Guarantee Fund for Depositors of the Central Bank of San Marino (22/06/2022) On 22 June FITD and the Guarantee Fund for Depositors of the Central Bank of San Marino signed a Memorandum of Understanding to strengthen the collaboration between the two institutions which can already praise multi-year relations. The agreement reinforce the cooperation between the two Deposit Guarantee Schemes on various levels: operational, managing, technical and researching.

20.06.2022 Memorandum of Understanding FITD - CDIC Today, FITD and the Central Deposit Insurance Corporation (CDIC) of Taiwan signed a Memorandum of Understanding to strengthen the collaboration between the two institutions. The virtual signing ceremony was presided over by Mr Alfredo Pallini (FITD Director General) and Mr William Su (CDIC President).

03.06.2022 Closing Banca Carige operation A press release on Banca Carige is available in the Communications section.

01.06.2022 EFDI - Election of Board Members On 26th May 2022, at the European Forum of Depositor Insurers (EFDI) Annual Meeting, Mr Alfredo Pallini, FITD Director General, has been elected EFDI Board Member.

22.04.2022 EFDI Banking Union Working Group Today FITD hosted a meeting of the EFDI Banking Union Working Group which follows the EU regulation and its developments towards the completion of the EU Banking Union. It was an hybrid meeting (18 in person and 14 remotely connected – representing 15 European DGSs) and the first international meeting hosted by FITD after 2020 lock down due to pandemic.

07.03.2022 FITD is on Social Network It will post its pages on Facebook, Instagram, Twitter, Linkedln and Youtube, getting its message across in straightforward language, letting depositors know what’s happening in banking and deposit insurance and that Fitd is here to inform and give help if needed.

28.02.2022 Press Release FITD FITD General Meeting and SVI General Meeting were held today. A press release is available in the Communications section.

14.02.2022 Press Release FITD A press release on Banca Carige is available in the Communications section.

10.01.2022 Press Release FITD A press release on Banca Carige is available in the Communications section.

06.01.2022 Press Release FITD A press release on Banca Carige is available in the Communications section.

16.12.2021 Press Release FITD A press release on Banca Carige is available in the Communications section.

15.10.2021 IADI ERC and EFDI Joint Webinar Sustainability: green-washing or emerging issues for deposit insurers? Understanding and discussing environmental, social and governance (ESG) implications for Financial Stability and Deposit Insurance On 8 October, the European Regional Committee (ERC) of the International Association of Deposit Insurers (IADI) held a conference in cooperation with the European Forum of Deposit Insurers (EFDI). The conference 'Sustainability: green-washing or emerging issues for deposit insurers? Understanding and discussing environmental, social and governance (ESG) implications for Financial Stability and Deposit Insurance' explored the issue of sustainability and its possible implications for deposit guarantee schemes. The transformation towards a more sustainable and lasting economy, in fact, must be guided by a global vision towards enhancing cooperation between all players in the financial system and introducing operational tools to promote and facilitate the transition. Alfredo Pallini, President of the ERC and Director General of the Interbank Deposit Protection Fund (FITD) and Thierry Dissaux, President of the EFDI and the Fonds de Garantie des Dépôts et de Résolution (FGDR), opened the conference. Fernando Restoy, President of the Financial Stability Institute (FSI), delivered the keynote speech, outlining the possible effects of climate change on the global financial system. The first panel focused on the issue of sustainability in its environmental, social and governance (ESG) dimensions and their possible implications on the activity of deposit guarantee schemes. Riccardo De Lisa, Senior Advisor at the Interbank Deposit Protection Fund & Associate Professor at the University of Cagliari, illustrated the “green value chain”, a possible organisational model for deposit guarantee schemes, which integrates ESG aspects. Bert van Roosebeke, IADI Senior Policy Research Advisor, summarised the main insights from the recently published IADI Policy Briefs on these issues. In the second part of the panel, Thierry Dissaux presented the EFDI Charter for Sustainable Deposit Guarantee and Investor Compensation Schemes, followed by Arnaud Schangel, FGDR and Nikolay Evstratenko, Russian Deposit Insurance Agency, who gave an overview of the French and Russian DGS experiences in implementing the Charter. The panel continued with Bernd Bretschneider, GBB-Rating, and Alexandra Oser, Auditing Association of German Banks, who discussed the main risks and opportunities of implementing ESG factors. The second panel discussion was dedicated to the analysis of the banking sector's exposure levels to ESG risks. Speakers on the panel were: Georgios Papadopoulos, European Commission - Joint Research Centre, who outlined the Commission's new strategy on sustainable finance, published last July, and; Andrea Federico, Partner at Oliver Wyman, who highlighted the importance of developing an appropriate methodology to understand and identify ESG factors at an early stage. Marco Angheben, European Data Warehouse, closed the panel with the presentation of the project carried out in collaboration with the University of Cagliari to map potential risks related to ESG factors that could impact banks. Alfredo Pallini and Thierry Dissaux delivered the closing remarks and thanked the participants and the speaker for the high level discussion.

29.07.2021 Press Release FITD - Voluntary intervention scheme A press release on Banca Carige is available in the Communications section.

23.07.2021 Bilateral Agreement FITD - FGD In the Communications section, the press release relating to the Bilateral Agreement between the FITD and the FGD (Fondo de Garantìa de Depòsitos de Entidades de Credito) is available.

26.02.2021 Annual Report 2020 Annual Report 2020 is now available on Publication area.

05.03.2020 Annual Report 2019 Annual Report 2019 is now available on Publication area.

02.03.2019 Annual Report 2018 Annual Report 2018 is now available on Publication area.

05.03.2018 Annual Report 2017 Annual Report 2017 is now available on Publication area.

06.03.2017 Annual Report 2016 Annual Report 2016 is now available on Publication area.

30.03.2016 Annual Report Annual Report 2015 is now available on Publication area.