The Guarantee Fund will now disclose information about:
- the development of its intervention reserves: the immediately available financial resources to compensate savers in the event of a problem at a financial institution in Belgium.
- the total amount of protected assets per protection system: the total value of the amounts covered by the guarantee of the Fund.
By monitoring these amounts, it is possible to assess whether the available reserves are sufficient to cover the protected assets. It is important to note that these reserves only represent part of the available resources. In addition, the Guarantee Fund may request exceptional contributions from the institutions that finance this reserve, or receive an advance payment from the Belgian Treasury.
This information, which is updated every quarter, is available in our quarterly report
Information relating to credit institutions is updated on a quarterly basis, while data concerning investment firms and insurance undertakings are updated annually.
The Quarterly Report Explained
- Credit institutions: intervention reserve and target level
Protected deposits include all funds covered by the protection of the Guarantee Fund for financial services. They are held with credit institutions, in other words, banks that are affiliated with the Guarantee Fund. These banks must report each quarter the amount of protected deposits they hold. This allows the Guarantee Fund to monitor the total amount of protected deposits.
The intervention reserve is the “piggy bank” built up within this pillar (here: that of the credit institutions). It is funded by annual contributions from the banks themselves.
The law sets a target level for this reserve: 1.8% of the total amount of protected deposits. This target was reached on July 1, 2025. Banks will continue to contribute in the coming years to maintain this level.
If a bank goes bankrupt, the Guarantee Fund can use this reserve to ensure that depositors recover their money within the legal period of 7 working days.
Thanks to this periodic reporting, it is possible to monitor whether the resources to protect savers and other deposit holders are sufficiently available and financially sound.
- Investment firms and insurance undertakings: specific funding arrangements
Investment firms and insurance undertakings are subject to a different funding mechanism. For these pillars, no statutory target level is defined for a pre-funded intervention reserve.
Funding is based on annual contributions, which are determined and called in accordance with the financing needs of the Guarantee Fund and the risk of intervention within these protection schemes. Reporting for these pillars therefore focuses primarily on the total amount of protected assets, which serves as a reference for monitoring the Fund’s potential liabilities.
Although no predefined reserve percentage applies to these pillars, the Guarantee Fund also retains the possibility, where necessary, to request additional contributions from the institutions concerned, in order to continue fulfilling its statutory mandate to protect beneficiaries.