HU_8263 (CDQ)
DataModel:CDQ/Business Partner/Legal Form/HU 8263
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | HU_8263
|
| The country a linked concept is active or generally relevant for. Country scope | HU (Hungary) |
| Language-specific name. Monolingual name | Országos betétbiztosítási alap (hu), National Deposit Insurance Fund (en) |
| Language-specific main abbreviation. Monolingual main abbreviation | OBA (hu) |
| Informal and comprehensive human-readable definition of a concept. Description | The Orszagos betetbiztositasi alap is the Hungarian National Deposit Insurance Fund, the statutory scheme that compensates depositors when a credit institution fails. It is financed by contributions from member institutions and operates under its own legislation. Its role is to maintain confidence in the banking system rather than to carry on business. Banks encounter it as a compulsory scheme to which they contribute. |
| Category to group legal forms with a similar purpose, beside country-specific aspects. Legal form category | Domestic and Foreign Cooperative Venture |
Mapped controlled vocabulary terms
| Category:ReferenceDataTerm | Technical name | Data source | Description | Parent concept |
|---|---|---|---|---|
| Y64R (LEI) | Y64R | LEI (data source) | Országos betétbiztosítási alap (Hungarian) | EntityLegalFormCode (LEI) |