Financial Crises and Deposit Guarantee
AbstractBankruptcies of major credit institutions in the UK and the U.S., since late 2007, have generated a large-scale financial crisis that affected most countries of the world economy significantly. To limit the effects of the crisis and restore confidence in the banking system, states have taken various measures, including providing substantial loans to banks in liquidity crisis, nationalization, as well as measures to increase the effectiveness of deposit guarantee schemes in the banking system. It have also been designed and implemented measures to reduce risk in the banking system, such as strengthening banking regulation and supervision, to avoid future situations similar to those in 2007-2008. In this article we highlight the main measures to protect depositors in the banking system and strengthening the effectiveness of deposit guarantee schemes in the banking system.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest in its journal Knowledge Horizons - Economics.
Volume (Year): 3 (2011)
Issue (Month): 3-4 (September-December)
Deposit insurance; guarantee ceiling; compensation payments;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Adi Sava).
If references are entirely missing, you can add them using this form.