The Austria Deposit Guarantee Scheme (DGS) Administration is responsible for protecting depositors’ funds in the event of a bank failure, ensuring financial stability and maintaining consumer confidence. The deposit guarantee scheme in Austria serves as a safety net, offering insurance coverage to individual depositors up to a specified limit, should a bank become insolvent or unable to meet its financial obligations. This deposit insurance is crucial for safeguarding the financial system, as it prevents a potential domino effect of bank runs and subsequent collapses.

The organisational structure of the Austrian DGS Administration consists of the Financial Market Authority (FMA) and the Einlagensicherung AUSTRIA Ges.m.b.H. (ESA), a private company tasked with administering the deposit guarantee schemes of Austrian banks. The FMA is the regulatory body responsible for supervising banks and other financial institutions, while the ESA manages the funding and reimbursement processes related to deposit guarantees.

Contact information for the Austrian DGS Administration is as follows:

Financial Market Authority (FMA)
Otto-Wagner-Platz 5 A-1090 Vienna Austria
Phone: +43 (0)1 24959 0
Email: [email protected]

Einlagensicherung AUSTRIA Ges.m.b.H. (ESA)
Wipplingerstraße 34 A-1010
Vienna Austria
Phone: +43 (0)1 533 88 01
Email: [email protected]