Deposit Insurance: Obtaining the Benefits and Avoiding the Pitfalls
Summary:
The paper contrasts deposit protection with other forms of insurance, examines why goods and services of all kinds receive warranties and guarantees, and explores the particular characteristics of deposits and banks that merit deposit insurance. It examines a variety of reasons why countries choose to adopt systems of deposit insurance, the pitfalls that can arise from poorly designed schemes, and the features of a scheme that successfully avoids these pitfalls.
Series:
Working Paper No. 1996/083
Subject:
Banking Commercial banks Deposit insurance Distressed institutions Financial crises Financial institutions Insurance Insurance companies
English
Publication Date:
August 1, 1996
ISBN/ISSN:
9781451850499/1018-5941
Stock No:
WPIEA0831996
Pages:
64
Please address any questions about this title to publications@imf.org