Home / Banks / Banking License / Public deposits

Public deposits

Public” = third party deposits are considered public unless exception applies

Not considered as public deposits are those from:

  • Banks
  • Related parties: qualified shareholders (>10% voting rights or capital) and affiliated entities (e.g. parent, subsidiary, sister companies)
  • Institutional investors: pension funds, municipalities, corporations
  • Employees (active and retired)
  • Associations, foundations, cooperatives:
  1. deposit for minimum 6 months;
  2. not active in financial sector (i.e. idealistic cause or mutual assistance)
Public deposits-image
Contact us for more information