Overview
- Covers deposit insurance regulations among countries within the G-20
- Explores how bank deposit guarantee systems mitigate bank failure
- Examines stability in the financial system when liquidity and solvency problems arise
Part of the book series: Palgrave Macmillan Studies in Banking and Financial Institutions (SBFI)
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Keywords
- Bank Deposit Insurance
- Banks Run
- Insured Deposit
- Deposit Coverage
- Financial Safety Net
- Deposit Insurance Regulations
- G-20 Countries
About this book
More than 107 countries have some form of explicit deposit insurance according to the Bank Regulation and Supervision Survey conducted by the World Bank. This book explores the diverse deposit insurance regulations across countries, ranging from full to partial coverage, from explicit to implicit appliance, from compulsory to non-compulsory, among the G-20 countries. It also explores the differences of premium implementation. The book focuses on the need for deposit insurance systems given their ability to prevent bank runs, which usually lead to asset liquidation and potentially to bank failure. The book looks closely at how to properly design a safety net and balance two competing goals: ensuring stability in the financial system when liquidity and solvency problems arise while minimizing moral hazard. The book examines these various deposit insurance schemes and their ability to maintain the stability of the financial system by protecting the critical financial intermediation function of banks and their role in the national payments system, and will be of interest to researchers, students, and policymakers of banking, banking regulation, and international finance.
Authors and Affiliations
About the author
Felix I. Lessambo is Adjunct Associate Professor at Fordham University, USA, where he teaches Corporate Tax and Audit & Assurance Services. He was an Associate Professor at Central Connecticut State University School of Business where he taught Financial Statements Analysis, Global Financial Reporting, and Law & Finance. He has practiced international tax, transfer pricing, and alternative investment management where he structured and advised on hedge funds and private equity cross-border transactions.
Bibliographic Information
Book Title: Bank Deposit Guarantee Systems
Book Subtitle: A Comparative Study Within the G-20
Authors: Felix I. Lessambo
Series Title: Palgrave Macmillan Studies in Banking and Financial Institutions
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2024
Hardcover ISBN: 978-3-031-40201-2Due: 26 May 2024
Softcover ISBN: 978-3-031-40204-3Due: 26 May 2024
eBook ISBN: 978-3-031-40202-9Due: 26 May 2024
Series ISSN: 2523-336X
Series E-ISSN: 2523-3378
Edition Number: 1
Number of Pages: XXX, 302
Number of Illustrations: 27 b/w illustrations, 75 illustrations in colour