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The Compensation Scheme of German Banks GmbH (Entsch盲digungseinrichtung deutscher Banken GmbH, EdB) is an organization established to protect depositors in the event of a bank failure in Germany. It provides compensation for eligible deposits up to a specified limit, ensuring that customers of participating banks are reimbursed in case of insolvency. The scheme aims to enhance public confidence in the banking system by safeguarding depositors' funds and supporting the stability of the financial sector. It operates under the regulatory framework established by German financial authorities and is part of the broader deposit protection system in Germany.