
Guarantor of bank deposits and SKOK accounts up to €100,000
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The Bank Guarantee Fund is a financial institution responsible for guaranteeing deposits in Polish banks and SKOKs (spółdzielcze kasy oszczędnościowo-kredytowe) up to the equivalent of €100,000. It operates to protect depositors' funds in case of bank insolvency or other financial difficulties. The fund is a key component of Poland's banking system, providing assurance and stability for individuals and organizations holding deposits in participating banks.
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