Prudencial supervision in the process of deposit insurance


Abdullaev S.

Voprosy Ekonomiki, vol.2004, no.1, pp.98-106, 2004 (Scopus) identifier

  • Publication Type: Article / Article
  • Volume: 2004 Issue: 1
  • Publication Date: 2004
  • Doi Number: 10.32609/0042-8736-2004-1-98-106
  • Journal Name: Voprosy Ekonomiki
  • Journal Indexes: Scopus
  • Page Numbers: pp.98-106
  • Keywords: Banking system, Deposit insurance, Population savings, Supervision
  • Open Archive Collection: Article
  • Azerbaijan State University of Economics (UNEC) Affiliated: Yes

Abstract

The present state of the banking systems in the post-Soviet countries is characterized by a low level of liquidity and the situation in the economy does not allow to rely upon attracting resources of foreign investors in meaningful volumes. That is why the main sources of monetary funds are the savings of citizens. The creation of governmental deposit insurance systems could overcome the situation of steady mistrust of population in depositing their savings with commercial banks and help return these funds into economic turnover.