In banking regulation across the European Union, what is the maximum statutory coverage provided per depositor per bank by the national Deposit Guarantee Scheme?
Answer and explanation
Correct answer: B.
- Step 1: Under EU Directive 2014/49/EU, bank deposits in all EU member states are legally protected up to per depositor per credit institution in case of bank insolvency. **Answer: . Why not the others:** was the earlier temporary threshold, is the US FDIC limit, and is the investor compensation limit.
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