Abstract
Deposit insurance systems of post-Soviet countries: A comparative analysis
Highlights
After the breaking up of the former Soviet Union, all of its successor countries faced the problem of establishing the institutional framework which is crucial for a viable financial system
Every nation which resulted from the splitting up of the Soviet Union had to decide on establishing a deposit insurance a) in general and b) in detail
We present a detailed comparison of the deposit insurance schemes in the selected group of countries
Summary
After the breaking up of the former Soviet Union, all of its successor countries faced the problem of establishing the institutional framework which is crucial for a viable financial system. Every nation which resulted from the splitting up of the Soviet Union had to decide on establishing a deposit insurance a) in general and b) in detail Against this backdrop and frame of reference, this article takes stock and illustrates how the respective countries have dealt with these seminal questions by comparing their systems of deposit insurance. The fourth section contributes to the analysis of deposit insurance experience in those of the aforementioned countries which have already joined the EU or are considered its associate members In this part, the EU Directive on Deposit Guarantee Schemes and its amendments are regarded in brief, including a comparison of its requirements with the current systems in the countries analyzed.
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