International Cooperation

EFDI - The European Forum of Deposit Insurers

IADI – International Association of Deposit Insurers

KfW Bankengruppe

EFDI - The European Forum of Deposit Insurers

Deposit Protection Fund is a member of EFDI as of 11 th September, 2004.

The European Forum of Deposit Insurers (EFDI) was established in Vienna, on November 11, 2002. It now has 46 members representing 35 European countries. Its aim is to contribute to the stability of financial schemes, while promoting European cooperation in the field of deposit insurance, and also to facilitate exchange of expertise and information on issues of mutual interest and concern (e.g. protection of cross-border services, financial customers' protection in the single market etc.).

Founder countries of EFDI: Austria, Belgium, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Denmark, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Spain, Sweden, United Kingdom.


IADI is a non-profit organization organized under Swiss Law. Its Objects are to contribute to the stability of financial systems by promoting international cooperation in the field of deposit insurance and to encourage wide international contact among deposit insurers and other interested parties.

In particular, the IADI will:

  • enhance the understanding of common interests and issues related to deposit insurance
  • set out guidance to enhance the effectiveness of deposit insurance systems; such guidance shall take into account different circumstances, settings and structures
  • facilitate the sharing and exchange of expertise and information on deposit insurance issues through training, development and educational programs and provide advice on the establishment or enhancement of effective deposit insurance systems
  • undertake research on issues relating to deposit insurance

KfW Bankengruppe - KfW Banking Group

KfW Banking Group is one of the ten biggest banks in Germany and has been proven as an efficient promotional bank for more than 50 years.

Kreditanstalt für Wiederaufbau (KfW) was established in 1948, even before the Federal Republic of Germany was founded. The history of its foundation is very tightly interwoven with the course and content of the discussion between the U.S. and the British military governments on the future structure of the banking system in Germany.

Today, KfW Bankengruppe (KfW banking group) gives impetus to economic, social and ecological development not only in Germany, but on a global scale, as well. With its long-term, low-interest loans KfW promotes small and medium-sized enterprises, stimulates innovations and the equity capital market, advances environmental protection and encourages the expansion of municipal infrastructure. But KfW Bankengruppe (KfW banking group) does not limit its role to investment finance inside Germany as it is also engaged in export and project finance, the promotion of developing countries and advisory and other services.

KfW at Work in Montenegro

KfW has been present in Montenegro as of 2000, as a mandator of German Government and its Ministry of Foreign Cooperation, financing projects in total amount of €55 millions, in the following areas:


•  Rehabilitation of Hydro-Power Plant Perucica, in amount of €8.6 millions (under way)

•  Construction of 400 kV power level line Tirana – Podgorica (territory of Montenegro), €10 millions (preparatory phase)

•  “Energy Efficiency” - total amount of €8 millions, in form of loans through local banks (preparatory phase)

•  Loans for rehabilitation of Hydro-Power Plant Perucica and for several small-scale facilities within EPCG are being prepared

Water Supply and Waste Water Treatment in the Seacoast:

About €5 millions have been invested within the project comprising 6 coastal municipalities and Cetinje, and additional €3.8 millions for technical support and institutional strengthening. KfW has also provided €13 millions for investments and €1 million for technical support regarding regional service company “VODACOM”, which was founded in March 2005. Masterplan of Water Supply is to be developed in the following period (€1 million).


  • Donation of €7.5 millions for 4 projects within roadway Podgorica – Kosovo

Banking Sector:

  • “Revolving fund” of €20 millions, which is distributed through loans to SME via local banks (17000 loans of total €35 millions)
  • “Development loan” for one commercial bank, in the amount of €5 millions
  • “Founding deposit” in the amount of €3 millions for Deposit Protection Fund