Fondo De Garantía De Depósitos
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Fondo De Garantía De Depósitos
The Deposit Guarantee Fund (Spanish language, Spanish: ''Fondo de Garantía de Depósitos'') is a Fund accounting, fund financed by Retail banking, retail, Cooperative banking, cooperative, and Savings bank, savings banks (Spanish: ''cajas de ahorros'') as well as the Bank of Spain, Spanish central bank covering Deposit account, deposits in Spanish banks. History First set up in 1977, it originally guaranteed deposits up to the equivalent of 15,000 Euro, euros per Bank account, account and account holder. Since 2010, it also plays a crucial role in the management of the Fondo de Reestructuración Ordenada Bancaria, FROB. Characteristics The FGD is a private Legal Entity, legal entity which guarantees the deposits in Spanish banks based in Spain and the European Union. The Fund guarantees up to 100,000 euros (since 10 October 2008). It is financed by an annual 2.5‰ levy on bank Asset, assets. The Bank levy, levies are deposited in three separate funds depending on whether the bank ...
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Spanish Language
Spanish ( or , Castilian) is a Romance languages, Romance language of the Indo-European language family that evolved from colloquial Latin spoken on the Iberian peninsula. Today, it is a world language, global language with more than 500 million native speakers, mainly in the Americas and Spain. Spanish is the official language of List of countries where Spanish is an official language, 20 countries. It is the world's list of languages by number of native speakers, second-most spoken native language after Mandarin Chinese; the world's list of languages by total number of speakers, fourth-most spoken language overall after English language, English, Mandarin Chinese, and Hindustani language, Hindustani (Hindi-Urdu); and the world's most widely spoken Romance languages, Romance language. The largest population of native speakers is in Mexico. Spanish is part of the Iberian Romance languages, Ibero-Romance group of languages, which evolved from several dialects of Vulgar Latin in I ...
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