FGCAM is a public-law legal person, with administrative and financial autonomy. The Fund has its head office in Oporto, on the premises of Banco de Portugal. The Bank shall ensure the technical and administrative services required for the smooth operation of the Fund.
The main purposes of the Fund are to guarantee the repayment of deposits with the Central Mutual Agricultural Credit Bank and its associate agricultural banks, and to implement the measures deemed necessary to ensure the solvency and liquidity of member banks, thus protecting SICAM.
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Please note that the information in this website has yet to be updated according to the changes introduced by Law 23-A/2015, of 26 March. For updated information about Fundo de Garantia do Crédito Agrícola Mútuo (Mutual Agricultural Credit Guarantee Fund) please consult the current version of Regime Jurídico do Fundo de Garantia do Crédito Agrícola Mútuo (Legal Framework of Mutual Agricultural Credit Guarantee Fund) available in http://www.bportugal.pt/pt-PT/Legislacaoenormas/Documents/DL345ano98c.pdf(only available in Portuguese).