Depositor Compensation Scheme

Novum Bank is a member of the Malta Depositor Compensation Scheme established under the Depositor Compensation Scheme Regulations, 383/2015. This Scheme will pay compensation if a bank is unable to meet its obligations towards depositors or otherwise suspended payment in the manner established by the Regulation up to a maximum amount established by law (currently set at a maximum of EUR100,000 or equivalent). For further information, please visit

For more information, please contact our customer service by phone +356 2339 5000 or email on

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