Systems for Guaranteeing Bank Deposits
Florin Untaru ()
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Florin Untaru: "Dimitrie Cantemir" Christian University
Knowledge Horizons - Economics, 2013, vol. 5, issue 4, 191-193
Abstract:
The advent of the financial crisis and the latest event that occurred in Cyprus bring new light to how states intervene when commercial banks are facing the risk of bankruptcy. While until now institutions had a clear traditional role to protect depositors, currently there is a trend to transfer damage to companies and individuals that hold deposits.
Keywords: Securing deposits; guarantee ceiling; system risk; financial compensations (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:khe:journl:v:5:y:2013:i:4:p:191-193
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