Press release 4 December 2014 The National Deposit Insurance Fund (NDIF) is starting the indemnification of the depositors of Széchenyi István Credit Union on 5 December, and will finish the process within 20 working days. The customers of the credit union can be entitled to the forint equivalent of maximum EUR 100,000 (maximum HUF 30,688,000) per person, independent of whether they are individual or corporate customers. Tomorrow NDIF will start the indemnification of the depositors of Széchenyi István Credit Union, and will finish the process within 20 working days, by 7 January 2015 at the latest, after the court ruling about the liquidation of the credit union was published in… Read More

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