In accordance with the decision of the Government of the Republic of Estonia, an amendment to the Guarantee Fund Act has been initiated which will see all deposits valued at up to 782,330 kroons (50,000 euros) for every depositor in one credit institution guaranteed in full as of 9 October 2008.

The rise in the deposit guarantee limit affects BIG deposits. You can find out more about the government's decision here.

You can find out more about the Guarantee Fund and guaranteeing deposits from the Guarantee Fund website www.tf.ee.

The Baltic Investment Group Bank is one of the largest banks in the Baltic States specialising in lending to private clients and is the leader in the small loans sector of the Estonian market. At the end of June 2008 BIG employed 492 people. The company's debt securities are listed on the Stockholm Stock Exchange.