Regulatory Alerts2026-06-11
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Active Management of NGF Funds, 2025: Latvijas Banka Added 6 Million Euros
Latvijas Banka generated 6 million euros in income in 2025 through active investment of Deposit Guarantee Fund (NGF) assets in short-term liquid securities, increasing the fund's total to 302 million euros by year-end. The Saeima approved amendments to the Deposit Guarantee Law to raise the NGF target level to 3% of covered deposits, a threshold expected to be reached by 2027. The fund currently covers deposits up to 100,000 euros per depositor per institution and is managed by Latvijas Banka, which can borrow from participants or the state budget if fund resources are insufficient.
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