Excluded Categories

In line with international best practice, the following are excluded categories from deposit insurance system i.e. they are not eligible for compensation in case of a license revocation and bank closure:

  • Deposits of unidentified accounts
  • Deposits related to money laundering and terrorism financing
  • Deposits of directors and senior managers of the banks, as well as deposits of their families and other related parties
  • Deposits of natural persons with direct participation in the bank capital or voting rights arising from at least five percent (5%) share in the bank capital, their families and related parties
  • Deposits of legal persons and the shareholders of such legal persons with majority votes of fifty percent (50%) or more in the bank capital or voting rights arising from at least five percent (5%) share in the bank capital, their families and related parties, as applicable.
  • Persons in charge for performing the external audit of the institution’s financial statements over the past three years before the initiation of the liquidation proceedings.
  • Deposits of banks and financial institutions
  • Deposits of insurance companies and collective investment undertakings
  • Deposits of pension and retirement funds
  • Deposits of local and central government and administrative authorities
  • Deposits kept at branches of Kosovan banks that operate outside the country