No agreement - automatic subrogation
Icesave agreement - pari-passu distribution

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Red areas contain balances up to the minimum-guarantee. Green areas represent balances that are in excess of the minimum-guarantee.
Deposit accounts are split into the following categories:

Category A: accounts with less than 20k EUR
Category B: accounts with more than 20k EUR and less than 40K EUR
Category C: accounts with more than 40k EUR