The results of the first survey by the Financial Stability Authority (FFSA) reveal what Finns know about deposit protection: almost 60% expect the payment of deposit guarantee compensations to last for half a year or longer. The survey and its results are highly topical, since the payout period for deposit guarantee compensations is reduced to seven working days by a legislative amendment taking effect at the beginning of next year. The FFSA has completed an extensive IT development project creating the foundation for the fast payment of the compensations.
More information, see full press release.
Chart 1: This is how deposit protection works
Chart 2: Results of the FFSA's Confidence Survey 2019
