Deposit Guarantors Finance Government

Deposit Guarantors Finance Government

Deposit Guarantors

In many jurisdictions retail deposits with banks are guaranteed by one of the government, a government-backed or a government-endorsed entity. Sometimes these deposit guarantors, also known as deposit insurers, fund themselves with a levy on banks. If the deposit guarantor is not the central bank, the finance ministry, or the government's debt office, it should be listed here.

Top: Society: Government: Finance: Deposit Guarantors

See Also:

- Guarantees deposits up to C$60,000.
- Protects principal and interest of insured deposits up to KRW 50,000,000.
- Federal deposit insurance protects the first $100,000 of deposits that are payable in the United States.
- Compensates depositors of an institution which can no longer meet its liabilities, up to a limit of �70,000 per depositor.
- Site has some statistics relating to insured deposits, and more information in Chinese.
- Guarantees up to a maximum principal of ¥10 million per depositor per financial institution, plus interest. For current deposits, until end March 2005, the full amount is protected.
- The Deposit Guarantee Board covers deposits in banks and in securities firms up to SEK 250,000 for each client.
- Deposits insured up to P 100,000.
- The Institute for the Protection of Bank Savings, IPAB, which is the successor to FOBAPROA.
- Undertakes to pay in full the deposit amounts of legal entities and physical persons up to BGN 15,000.
- Has the goals of facilitating the financial recovery of the socially significant banks and protecting the interests of their creditors.
- IADI contributes to the stability of financial systems by promoting international cooperation and encouraging international contact among deposit insurers.
- National Deposit Insurance Fund, which guarantees deposits up to one million forints.

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