Bank Deposit Guarantee Systems, 1st ed. 2024 A Comparative Study Within the G-20 Palgrave Macmillan Studies in Banking and Financial Institutions Series

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.

Chapter 1: Global Financial Safety Net.- Chapter 2: The International Association of Deposit Insurers.- Chapter 3: Deposit-Taking Institutions (commercial) Banks.-Chapter 4: The US Federal Deposit Insurance Corporation.- Chapter 5: Canada Deposit Insurance Corporation.- Chapter 6: The EU Insurance Guarantee.- Chapter 7: The Deposit Protection Fund of the Association of German Banks.- Chapter 8: Deposit Insurance in France.- Chapter 9: The Interbank Deposit Protection Fund (FITD) and the Depositors' Guarantee Fund (FGDCC) – Italy.- Chapter 10: Deposit Guarantee Fund for Credit Institutions- Spain.- Chapter 12: The Esisuisse – Switzerland.- Chapter 13: Deposit Insurance Guarantee – China.- Chapter 14: The Deposit Insurance Corporation of Japan.- Chapter 15:  Deposit Insurance and Credit Guarantee Corporation – India.- Chapter 16: The Korea Deposit Insurance Corporation.- Chapter 17: Indonesia Deposit Insurance Corporation.- Chapter 18: The Saving Deposit Insurance Fund in Turkey.- Chapter 19: Depositor Protection Fund- Saudi Arabia.- Chapter 20: Russia Deposit Insurance Guarantee.- Chapter 21: The Financial Claims Scheme/ Australia.- Chapter 22: The Credit Guarantee Fund – Brazil.- Chapter 23: Deposit Insurance in Mexico.- Chapter 24: Deposit Insurance in Argentina.- Chapter 25: South Africa Deposit Insurance.- Chapter 26: The Evaluation/ Assessment of the Systems.

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.

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