OREANDA-NEWS  On 15 October was announced, that in accordance with the decision of the Government of the Republic of Estonia, an amendment to the Guarantee Fund Act has been initiated which will see all deposits valued at up to 782,330 kroons (50,000 euros) for every depositor in one credit institution guaranteed in full as of 9 October 2008.

The rise in the deposit guarantee limit affects BIG deposits. You can find out more about the government’s decision here.