Author(s): Birgit Baxendale
There have been a number of changes to deposit insurance programs in Asia over the past few years. Most significantly, as banking systems have largely overcome the effects of the Asian financial crisis, almost every country in the region that established blanket guarantees on deposits immediately after the crisis has now resorted to a limited deposit insurance system. In another development, countries that have historically not had any deposit insurance have either established or are in the process of establishing a limited system. This Asia Focus report discusses these recent deposit insurance developments in more detail.
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