Republic of Belarus: Financial Sector Assessment Program: Technical Note: Deposit Insurance
Volume/Issue:
Volume 2006
Issue 179
Publication date: May 2006
ISBN: 9781451805239
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Topics covered in this book
This title contains information about the following subjects.
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Business and Economics , Banks and Banking , ISCR , CR , bank , deposit , insurance scheme , insurance , member bank , a number of insolvent bank , deposit insurance system , household deposit , bank fragility , discipline bank , Deposit insurance , State-owned banks , Bank deposits , Commercial banks
Summary
This technical note on deposit insurance on the Republic of Belarus explains the status of the deposit insurance system. The current system of deposit insurance is governed by two different pieces of legislation, each in turn elaborated by a separate National Bank of Belarus (NBB) resolution. Reforming a deposit insurance scheme raises the issue of how to achieve a nondisruptive transition. Independently of whether Belarus chooses to follow a step approach or provide coverage while it reforms its banking system, it will be essential to address the current liquidity shortage.
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