Challenges for Deposit Insurance and Financial Stability in European Cooperative Banks
Liliana Aurora Constantinescu ()
Knowledge Horizons - Economics, 2015, vol. 7, issue 3, 43-46
Abstract:
In this article we highlight the main measures taken to protect depositors in the banking system and to strengthen the effectiveness of deposit guarantee schemes in the banking system. The global financial economic crisis has unveiled significant lows in the regulation and supervision of the international financial system. Cooperative banks wish to play a decisive role in consolidating the banking sector within the enlarged EU and to offer their clients services that are perfectly tailored to their needs. This article describes how credit guarantee schemes are being implemented in European Cooperative Banks and points to same of the problems faced, as well as the advantage of such schemes.
Keywords: Cooperative banks; deposit insurance; financial stability; crisis management; economic crises (search for similar items in EconPapers)
JEL-codes: G01 G21 G23 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:khe:journl:v:7:y:2015:i:3:p:43-46
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