Results 21 to 30 of about 3,299 (253)
Kuwait: Unlimited Deposit Guarantee
On October 26, 2008, at the height of the Global Financial Crisis, the Central Bank of Kuwait (CBK) announced that it would support Gulf Bank, the country’s third-largest bank, which had sustained losses on clients’ derivatives trades. In the same announcement, it said it would ask the government to guarantee all banking deposits to shore up confidence
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The purpose of the work was to determine the effectiveness of wastewater treatment from the fruit and vegetable industry in constructed wetlands supported by a bio-preparation.
Puchlik Monika
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The Impact of the Dodd-Frank Act on Financial Stability and Economic Growth
This article assesses the benefits and costs of key provisions of the Dodd-Frank Act that strengthened regulation following the financial crisis. The provisions are placed into five groupings: clear wins, clear losses, costly tradeoffs, unfinished ...
Martin Neil Baily +2 more
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Latvia: Deposit Guarantee Fund
During the Global Financial Crisis (GFC), Latvian authorities raised the country’s deposit-insurance cap from EUR 20,000 to EUR 50,000 (USD 26,800 to USD 67,000) in response to international calls to bolster deposit-insurance systems. They passed the measure on October 16, 2008, and it came into effect two days later.
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Association for the Guarantee of Deposits Luxembourg
During the Global Financial Crisis (GFC), Luxembourgish officials in October 2008 announced plans to raise the country’s deposit-insurance cap to EUR 100,000 (USD 134,000) and eliminate co-insurance. Prior to the GFC, Luxembourg’s deposit-insurance system covered 90% of deposits in eligible accounts up to EUR 22,222, with depositors responsible for the
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Spain: Deposit Guarantee Funds
On October 10, 2008, Spanish authorities increased the amount insured under its three Fondos de Garantía de Depósitos (FGDs), Spain’s deposit-insurance schemes, from EUR 20,000 to EUR 100,000 (USD 27,200 to USD 136,000). By raising this limit, which was meant to be a permanent change to the banking system, Spanish authorities intended to bolster ...
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Deposit Bonds at the Crossroads of Loan and Credit: A New Assurance Against the Erosion of Value with a Legal Perspective [PDF]
1. Introduction and ObjectiveThe persistent problem of liquidity growth and inflation has become one of the most pressing challenges for monetary authorities in developing economies.
Alireza Ali Najimi +2 more
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Slovenia: Unlimited Deposit Guarantee
On October 7, 2008, as the European Union (EU) coordinated its members’ response to the Global Financial Crisis (GFC), its Economic and Financial Council (ECOFIN) recommended that member states raise their deposit-insurance coverage to at least EUR 50,000 (USD 67,000). Germany and Austria went further and adopted an unlimited guarantee of deposits.
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Deposit Guarantee Institutions In Microfinance Institutions In Indonesia: A Hope?
This research aims to analyze the depositors of funds’ legal protection in MFI through the existence of the Deposit Insurance Corporation. This legal research uses a statutory approach and a conceptual approach.
Trisadini Prasastinah Usanti +2 more
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The Icelandic internet bank Icesave went bankrupt in late 2008. The insufficient Icelandic deposit guarantee scheme (Tryggingasjóður) did not resist the Icelandic financial meltdown and failed to compensate British and Dutch depositors the guaranteed sum
Peter Orebech
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