Are my savings account deposits covered by the government deposit guarantee?

Yes, you are. Your deposits are covered by the government deposit guarantee, as decided by the National Debt Office. The deposit guarantee means that your deposits to your savings account will be repaid up to SEK 1 050 000 if Qred Bank goes bankrupt. Repayment will be made within seven working days and in the manner that the National Debt Office considers appropriate. Read more about the government deposit guarantee