29 January 2021 UBCG representatives held a meeting with the Director of the Deposit Protection Fund. In addition to regular activities, the implementation of a new methodology for calculating premiums to banks in accordance with Directive 2014/49/EC was discussed at the meeting. The consulting service of the Fund was performed by the German rating agency GBB, which rates all banks in Germany. This methodology, in addition to introducing an ex-ante model, obliged Member States to switch to premium calculation based on the degree of risk of individual banks. Banks with higher risk pay higher contributions and thus participate with larger […]