Development and perspectives of the deposit insurance system worldwide

The history of the development of the deposit insurance system is quite long. There are a large number of different systems operating in the world that have changed over time, adapting to the circumstances in the environment. In any case, deposit insurance has become a central component of the finan...

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Main Authors: Zorčić Ksenija, Janković Miloš
Format: Article
Language:English
Published: Association of Serbian Banks 2022-01-01
Series:Bankarstvo
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2022/1451-43542202061Z.pdf
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author Zorčić Ksenija
Janković Miloš
author_facet Zorčić Ksenija
Janković Miloš
author_sort Zorčić Ksenija
collection DOAJ
description The history of the development of the deposit insurance system is quite long. There are a large number of different systems operating in the world that have changed over time, adapting to the circumstances in the environment. In any case, deposit insurance has become a central component of the financial safety net in most countries. The subject of this paper is an analysis of the development of the deposit insurance system throughout history, a comparative analysis of the organisation, functions and mandate of deposit insurers, with an emphasis on the importance of the deposit insurance system for preserving the country's financial stability. In addition, this paper aims to point out the importance of lessons derived from financial crises, which, above all, emphasised the need for financial system reforms and the creation of effective protection systems.
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spelling doaj.art-9ab10f902da144c482ad096d066501332022-12-26T15:49:27ZengAssociation of Serbian BanksBankarstvo1451-43542466-54952022-01-01512618510.5937/bankarstvo2202061Z1451-43542202061ZDevelopment and perspectives of the deposit insurance system worldwideZorčić Ksenija0Janković Miloš1Agencija za osiguranje depozita, Sektor za praćenje i očuvanje finansijske stabilnosti, Beograd, Serbian/aThe history of the development of the deposit insurance system is quite long. There are a large number of different systems operating in the world that have changed over time, adapting to the circumstances in the environment. In any case, deposit insurance has become a central component of the financial safety net in most countries. The subject of this paper is an analysis of the development of the deposit insurance system throughout history, a comparative analysis of the organisation, functions and mandate of deposit insurers, with an emphasis on the importance of the deposit insurance system for preserving the country's financial stability. In addition, this paper aims to point out the importance of lessons derived from financial crises, which, above all, emphasised the need for financial system reforms and the creation of effective protection systems.https://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2022/1451-43542202061Z.pdfdeposit insurance systemfinancial stabilitydeposit insurance agencydeposit insurance fund
spellingShingle Zorčić Ksenija
Janković Miloš
Development and perspectives of the deposit insurance system worldwide
Bankarstvo
deposit insurance system
financial stability
deposit insurance agency
deposit insurance fund
title Development and perspectives of the deposit insurance system worldwide
title_full Development and perspectives of the deposit insurance system worldwide
title_fullStr Development and perspectives of the deposit insurance system worldwide
title_full_unstemmed Development and perspectives of the deposit insurance system worldwide
title_short Development and perspectives of the deposit insurance system worldwide
title_sort development and perspectives of the deposit insurance system worldwide
topic deposit insurance system
financial stability
deposit insurance agency
deposit insurance fund
url https://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2022/1451-43542202061Z.pdf
work_keys_str_mv AT zorcicksenija developmentandperspectivesofthedepositinsurancesystemworldwide
AT jankovicmilos developmentandperspectivesofthedepositinsurancesystemworldwide