The deposit insurance system in the European Union

System gwarantowania depozytow w Unii Europejskiej

Agnieszka Sokolowska ()
Additional contact information
Agnieszka Sokolowska: Pedagogical University of Krakow, Poland

Catallaxy, 2020, vol. 5, issue 2, 97-105

Abstract: Motivation: There is a lot of information on the banking union in the literature on the subject. However, there is no indication of the features of the European deposit guarantee scheme, taking into account changes after 2017. Aim: The aim of the article is to present the problem of the deposit guarantee system in the European Union, taking into account the deposit guarantee systems in the Member States. Its assumptions and stages of introduction were described. The new reform, which was caused by the lack of timely implementation of the original assumptions of individual stages and its changes were also discussed. Moreover, basic information about the Bank Guarantee Fund (BGF) was also included. Materials and methods: Critical analysis of the literature on the subject was chosen as the research method and statistical data were used. The empirical material is the BGF data and data included in publications. Results: The European deposit guarantee system seems to be necessary in order to build a full banking union and lead to greater integration of the euro area countries. The creation of a European deposit insurance scheme will strengthen the protection of depositors, as responsibility will henceforth be transferred to the European level.

Keywords: European deposit insurance scheme; Bank Guarantee Fund; banking union (search for similar items in EconPapers)
JEL-codes: G21 G28 G29 G33 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://dx.doi.org/10.24136/cxy.2020.009 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pes:iercxy:v:5:y:2020:i:2:p:97-105

Access Statistics for this article

Catallaxy is currently edited by Ilona Pietryka

More articles in Catallaxy from Institute of Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Ilona Pietryka ( this e-mail address is bad, please contact ).