European Banks "Chart of the week #51: Safety deposit boxes" Napier

Research evidence excerpt

European Banks "Chart of the week #51: Safety deposit boxes" Napier

Global Research

10 July 2026ab

European Banks Equities

Europe including UKChart of the week #51: Safety deposit boxes

Banks

Jason Napier, CFA

By Friday, sometimes what's wanted is a picture and fewer words Analyst

With so much research out there, we get the sense that sometimes investors just want to jason.napier@ubs.com

be shown one thing to think about, driven by data and not opinion, and with minimal +44-20-7568 5037

text and fanfare. Show, don't tell, is the idea behind the Chart of the Week, planned for Sanjena Dadawala

most Fridays and good with coffee. Analyst

sanjena.dadawala@ubs.com

Chart #51: EU deposit insurance is more interesting than you might think +44-20-7567 0753

According to the EBA – and pursuant to EU policy – EU deposits are protected up to Ignacio Cerezo

€100,000 per customer per bank irrespective of the country in which the deposits are Analyst

lodged and the extent of the financial backing of the local deposit scheme. Still, EU ignacio.cerezo@ubs.com

+44-20-7568 4409

policymakers had set a target for almost all domestic guarantee schemes (DGS) to

accumulate funds of at least 80bps of guaranteed deposits (France aims for 50bps, Johan Ekblom, CFA

augmented by a €1.5bn in standby bank borrowing facility; specification of Analyst

'guaranteed' deposits is necessary as some – like those of financial institutions – are johan.ekblom@ubs.com

+44-20-7568 3580

ineligible for protection) by the end of 2024. On 30 June, the EBA published updated

FY25 coverage statistics showing average and median DGS backing of 93bps and Alvaro Fernandez-Garayzabal

101bps of eligible deposits, ranging from 51bps (France) to 255bps (Romania). Analyst

alvaro.fernandez-garayzabal@ubs.com

+34-91-436 9622