This section presents the FGDR's official press releases related to the highlights of its activity.
→ Download FGDR brochure "FGDR is protecting your accounts in the event that your bank fails"
Most recent press releases
PRESS RELEASE - April 23th 2024
FGDR 2023 activity report: the amount of capital set aside for the deposit guarantee scheme now stands at €7.4 billion, the target level set by the European Union.
The FGDR has increased its total reserve to €7.7 billion. As at 31 December 2023, the target level of resources set by the European “DGSD2” Directive at 0.5% of guaranteed deposits was reached several months in advance. In addition to these available funds, the FGDR has a credit line of €1.5 billion that can be called on at any time. It also has the ability to raise exceptional contributions from its members. Its financial capacity thus extends to over €16 billion.
PRESS RELEASE - November 25th 2024
Anthony Requin is appointed Chairman of the Board
of the Fonds de Garantie des Dépôts et de Résolution (FGDR)
Anthony Requin has joined the Fonds de Garantie de Dépôts et de Résolution (FGDR) as Chairman of the Board. He will carry out his mission alongside Michel Cadelano, member of the Board.
He succeeds Thierry Dissaux, Chairman of the Board of the FGDR since 2010. During his 14-year tenure, Thierry Dissaux strengthened the FGDR as an institution that protects clients in the banking and financial sectors – depositors, investors and savers – with the aim of ensuring that it best meets the requirements of the Banking Union.
PRESS RELEASE - July 16th 2024
9th edition of the FGDR's poll make with Harris Interactive : 8 years of growth in French confidence in the banking sector and consolidation of awareness of the deposit guarantee scheme and the FGDR
For the 9th consecutive year, the Fonds de Garantie des Dépôts et de Résolution (FGDR) has measured French people’s knowledge about the deposit guarantee scheme. This poll, conducted in April and May 2024, also tracks three indicators of confidence in the banking sector.
PRESS RELEASE - April 23th 2024
FGDR 2023 activity report: the amount of capital set aside for the deposit guarantee scheme now stands at €7.4 billion, the target level set by the European Union.
The FGDR has increased its total reserve to €7.7 billion. As at 31 December 2023, the target level of resources set by the European “DGSD2” Directive at 0.5% of guaranteed deposits was reached several months in advance. In addition to these available funds, the FGDR has a credit line of €1.5 billion that can be called on at any time. It also has the ability to raise exceptional contributions from its members. Its financial capacity thus extends to over €16 billion.
PRESS RELEASE - March 28th 2024
The Fonds de Garantie des Dépôts (FGDR) renews its Supervisory Board
In accordance with the provisions of Section II of Article L-312-10 of the French Monetary and Financial Code, the FGDR’s Supervisory Board consists of twelve members and one non-voting member:
- seven full members representing the credit institution groups that are the largest contributors to the
deposit guarantee scheme;
- two members elected from among the members of the deposit guarantee scheme, excluding full
members;
- two members elected from among the members of the investor compensation scheme;
- one member elected from among the members of the performance bonds guarantee scheme.
The previous Supervisory Board mandate expired on 8 March 2024. The FGDR asked each full member to appoint their permanent representative in advance and organised the elections for the appointment of elected members. The term of office of new members of the Supervisory Board is four years.
PRESS RELEASE – February 5th 2024
The FGDR alerts the public to the actions of scammers who are issuing fraudulent certificates of the FGDR to market financial products.
Fraudulent certificates bearing the letterheads and signature of the Fonds de Garantie des Dépôts et de Résolution (FGDR), seem to be circulating, falsely claiming to recipients that the FGDR guarantees the investments they are being invited to subscribe to.
The FGDR is in no way the originator of these certificates and does not issue any such documents. All recipients of these letters are strongly advised not to respond and to refrain from making any bank payments or transferring any information.
PRESS RELEASE - January 16th 2024
The Fonds de Garantie des Dépôts et de Résolution (FGDR) has selected four management companies to diversify its bond management.
The Fonds de Garantie des Dépôts et de Résolution (FGDR) has selected Amundi and HSBC AM to manage two dedicated fixed maturity bond funds launched at the start of the year for an amount between 350 million and 400 million euros each following a tender procedure.
PRESS RELEASE – October 4th 2023
Appointments to the Supervisory Board of the Fonds de Garantie des Dépôts et de Résolution (FGDR)
In accordance with paragraph II of Article L-312-10 of the French Monetary and Financial Code, the FGDR's Supervisory Board is composed of 12 members and one observer: seven full members representing the groups of credit institutions that are the largest contributors to the deposit guarantee scheme, two members elected from among the members of the deposit guarantee scheme, two members elected from among the members of the investor compensation scheme, and one member elected from among the members of the performance bonds guarantee scheme.
PRESS RELEASE – June 20th 2023
8th edition of the FGDR/Harris Interactive poll: growing confidence in the banking sector and greater awareness of the FGDR and the deposit guarantee scheme.
For the eighth consecutive year, the Fonds de Garantie des Dépôts et de Résolution (FGDR) has measured French people’s knowledge of the deposit guarantee scheme. This poll, conducted in March and April 2023, also tracks three indicators of confidence in the banking sector.
PRESS RELEASE – April 20th 2022
The Fonds de Garantie des Dépôts et de Résolution (FGDR) publishes its 2021 activity report: a year focused on “sustainability”.
For the FGDR, a crisis management operator supporting responsible finance, sustainability is entrenched in its DNA. It speaks of its commitment to promote the stability and resilience of the banking and financial sector, as well as its own resilience.
Press review
The FGDR is not supposed to express opinion on the situation of the banking and financial sector.
However, it is regularly solicited by the media on the following themes:
- the framework of its interventions and its operating system;
- the projects of national and international regulations;
- guidelines on the management of its financial resources.
All press releases
The FGDR alerts the public to the actions of scammers who are issuing fraudulent certificates of the FGDR to market financial products.
PRESS RELEASE – February 5th 2024
Fraudulent certificates bearing the letterheads and signature of the Fonds de Garantie des Dépôts et de Résolution (FGDR), seem to be circulating, falsely claiming to recipients that the FGDR guarantees the investments they are being invited to subscribe to.
The FGDR is in no way the originator of these certificates and does not issue any such documents. All recipients of these letters are strongly advised not to respond and to refrain from making any bank payments or transferring any information.
The Fonds de Garantie des Dépôts et de Résolution (FGDR) has selected four management companies to diversify its bond management.
PRESS RELEASE - January 16th 2024
The Fonds de Garantie des Dépôts et de Résolution (FGDR) has selected Amundi and HSBC AM to manage two dedicated fixed maturity bond funds launched at the start of the year for an amount between 350 million and 400 million euros each following a tender procedure.
Appointments to the Supervisory Board of the Fonds de Garantie des Dépôts et de Résolution (FGDR)
PRESS RELEASE - January 16th 2024
In accordance with paragraph II of Article L-312-10 of the French Monetary and Financial Code, the FGDR's Supervisory Board is composed of 12 members and one observer: seven full members representing the groups of credit institutions that are the largest contributors to the deposit guarantee scheme, two members elected from among the members of the deposit guarantee scheme, two members elected from among the members of the investor compensation scheme, and one member elected from among the members of the performance bonds guarantee scheme.
8th edition of the FGDR/Harris Interactive poll: growing confidence in the banking sector and greater awareness of the FGDR and the deposit guarantee scheme.
PRESS RELEASE – June 20th 2023
For the eighth consecutive year, the Fonds de Garantie des Dépôts et de Résolution (FGDR) has measured French people’s knowledge of the deposit guarantee scheme. This poll, conducted in March and April 2023, also tracks three indicators of confidence in the banking sector.
Publication du Rapport d'activité 2022
COMMUNIQUE - 25 avril 2023
En 2022, le FGDR atteint un montant de fonds propres de 7 milliards d’euros et met en œuvre un mécanisme de garantie additionnel. Le FGDR s’est attaché tout au long de l’année à renforcer ses outils, à sécuriser ses systèmes, à approfondir l’évaluation et le contrôle des risques de toute nature portant sur son écosystème. Il a notamment soumis sans concession ses différents systèmes de traitement d’information à des stress-tests et des audits de sécurité.
Results of the FGDR’s 2022 awareness poll and knowledge of deposit guarantee scheme
PRESS RELEASE - November 7th, 2022
For the seventh consecutive year, the Fonds de Garantie des Dépôts et de Résolution (FGDR) has measured French people’s knowledge of the deposit guarantee scheme and the FGDR. This survey, conducted by the Harris Interactive market research firm, also measures knowledge of the products and amounts covered and that of the compensation period of 7 working days. Every year this poll records three confidence indicators about the banking sector.
General Meeting of the European Forum of Deposit Insurers (EFDI) Thierry Dissaux Takes Stock of His Six Years as Chairman
PRESS RELEASE - June 22th 2022
Thierry Dissaux, Chairman of the Board of the Fonds de Garantie des Dépôts et de Résolution (FGDR), completed his second and final term as head of the European Forum of Deposit Insurers (EFDI) at the end of May 2022. During his six years as Chairman and thanks to the combined efforts of all its members, EFDI has gained recognition as a key partner of European policymakers and banking supervision bodies.
The Fonds de Garantie des Dépôts et de Résolution (FGDR) publishes its 2021 activity report: a year focused on “sustainability”.
PRESS RELEASE - April 20th 2022
For the FGDR, a crisis management operator supporting responsible finance, sustainability is entrenched in its DNA. It speaks of its commitment to promote the stability and resilience of the banking and financial sector, as well as its own resilience.
Election of a new member of the Supervisory Board of the Fonds de Garantie des Dépôts et de Résolution (FGDR)
PRESS RELEASE - November 29th 2021
The FGDR’s Supervisory Board consists of 12 members and one non-voting member: seven full members representing the credit institution groups that are the largest contributors to the deposit guarantee scheme, two members elected from among the members of the deposit guarantee scheme, two members elected from among the members of the investor compensation scheme, and one member elected from among the members of the performance bonds guarantee scheme.
The FGDR is warning the public of the action of scammers who are using its name to contact individuals ans companies by letter.
PRESS RELEASE - October 13th 2021
Fraudulent letters signed by the Fonds de Garantie des Dépôts et de Résolution (FGDR) and on its letterhead are currently being sent to recipients, telling them that, following notification of a call for contributions to the FGDR’s deposit guarantee scheme, previously (and allegedly) sent by the ACPR, they now have to make the payment to an account according to the instructions in these letters.
The Prudential Supervision and Resolution Authority (ACPR) is warning the public of the actions of scammers who are using its name to contact individuals and companies by letter.
PRESS RELEASE - October 1st 2021
Fraudulent messages on ACPR letterhead are being sent to recipients telling them that they will receive a call for contributions to the Fonds de Garantie des Dépôts et de Résolution (FGDR) and that they must carefully follow the instructions for paying this contribution.
Results of the 2021 FGDR awareness barometer and knowledge
PRESS RELEASE - September 14th 2021
The results of the 6th Harris Interactive poll show a level of confidence in the banking sector which remains high and increased awareness of the FGDR and the deposit guarantee scheme.
The FGDR publishes its 2020 Activity Report
PRESS RELEASE - September 14th 2021
The results of the 6th Harris Interactive poll show a level of confidence in the banking sector which remains high and increased awareness of the FGDR and the deposit guarantee scheme.
The Fonds de Garantie des Dépôts et de Résolution (FGDR) renews its credit line for an amount of €1.5 billion
PRESS RELEASE - January 12th 2021
The Fonds de Garantie des Dépôts et de Résolution (FGDR) announces the signature of a credit line to replace the one maturing in early January 2021. Its amount is increased to one billion five hundred million euros (compared to 1.4 billion for the previous one) and it is set to mature in January 2023 with two one-year extension options.
The fifth edition of the Harris Interactive poll confirms an increase in the FGDR's name recognition and knowledge of the deposit guarantee scheme
PRESS RELEASE – 8 October 2020
For the fifth straight year, the Fonds de Garantie des Dépôts et de Résolution (FGDR) has measured French people’s knowledge of the deposit guarantee scheme and the FGDR. This poll, conducted by the Harris Interactive market research firm in late May 2020, also measures knowledge of the products and amounts covered and the compensation period.
1999-2019: the FGDR celebrates its 20th anniversary and publishes its 2019 activity report
PRESS RELEASE – 7 July 2020
The year 2019 marked the 20th anniversary of the Fonds de Garantie des Dépôts et de Résolution (FGDR). The publication of its annual report is an invitation to look back on the work undertaken to ensure even greater protection for customers of the financial sector and safeguard the stability of the system
New members of the FGDR’s Supervisory Board in 2020
PRESS RELEASE - 20 May 2020
The Fonds de Garantie des Dépôts et de Résolution (FGDR) has appointed new representatives to its Supervisory Board.
Results of the 2019 name recognition poll - 12 November 2019
PRESS RELEASE - 12 November 2019
The FGDR unveils the annual results of its deposit guarantee scheme name recognition and knowledge poll.
Appointment of Michel Cadelano, member of the FGDR's Executive Board - 8 October 2018
PRESS RELEASE - October 8th 2019
Michel Cadelano is appointed to the Executive Board of the Fonds de Garantie des Dépôts et de Résolution (FGDR).
Results of the 2018 name recognition poll
PRESS RELEASE - january 8th 2019
The FGDR unveils the annual results of its deposit guarantee scheme name recognition and knowledge poll.
Replacement of members of the FGDR’s Supervisory Board - September 2018
PRESS RELEASE - September 27th 2018
The Fonds de Garantie des Dépôts et de Résolution (FGDR) has appointed some new Supervisory Board members.
Opening of a €1.4 billion credit line for the FGDR
PRESS RELEASE- January 29th 2018
The Fonds de Garantie des Dépôts et de Résolution (FGDR) signs a €1.4 billion credit line.
Thierry DISSAUX, Chairman of the European Forum of Deposit Insurers
PRESS RELEASE- October 2016
The Chairman of the FGDR’s Executive Board, Thierry Dissaux, is elected Chairman of the European Forum of Deposit Insurers (EFDI).
The EFDI adopts the European Cooperation Agreement drawn up on the initiative of the FGDR
PRESS RELEASE - 28 SEPTEMBER 2016
The European Forum of Deposit Insurers (EFDI) adopts the Home/Host Cooperation (H2C) Agreement drawn up on the initiative of the FGDR.
International Conference for Deposit Insurers hosted in Paris by the FGDR
PRESS RELEASE - 11 JULY 2016
FGDR-IADI international conference on financial stability: “Diversity and harmonisation of deposit insurance”. CONCLUSIONS.
PRESS RELEASE - 6 JUNE 2016
“Diversity and harmonisation of deposit insurance”: international conference on financial stability organised by the FGDR with deposit insurers from 78 countries.
Press Contact
Matthieu MEUNIER - Agence CLAI
matthieu.meunier@clai2.com
Phone : + 06 26 59 49 05
Sylvie Godron FGDR
sgodron@garantiedesdepots.fr
Phone +33 (0)1 58 18 38 01 / Cell phone : +33 (0)6 71 31 21 22
Website FGDR : www.garantiedesdepots.fr
Press review
The FGDR is not supposed to express opinion on the situation of the banking and financial sector.
However, it is regularly solicited by the media on the following themes:
- the framework of its interventions and its operating system;
- the projects of national and international regulations;
- guidelines on the management of its financial resources.
→ Download the list of press releases
Supervisory Board members : PICTURES & BIOGRAPHY | |||
|---|---|---|---|
| President | Anthony REQUIN | Download - Biography | Download - Color picture |
| Member | Michel CADELANO | Download - Biography | Download - Color picture |
LAST UPDATE AUGUST 2020