Deposit Insurance: Obtaining the Benefits and Avoiding the Pitfalls

Author/Editor:

G. G. Garcia

Publication Date:

August 1, 1996

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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