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The investment policy of deposit guarantee funds under conditions of limited domestic securities markets
Ekonomika
View Archive Info| Field | Value | |
| Title |
The investment policy of deposit guarantee funds under conditions of limited domestic securities markets
The investment policy of deposit guarantee funds under conditions of limited domestic securities markets |
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| Creator |
Žilinskas, Raimundas
Gaižauskas, Lionius |
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| Subject |
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deposit insurance, deposit guarantee, investment — — deposit insurance, deposit guarantee, investment — |
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| Description |
Deposit guarantee (insurance) schemes accumulate funds on the basis of guarantee (insurance) contributions. Funds are invested into particular financial instruments in order to increase them. These funds have to be used to pay pay-outs to depositors in the case of the failure of insured members. Therefore, investments must be safe, liquid, and properly diversified. This is especially important to carry out properly for deposit guarantee (insurance) schemes of countries whose domestic securities market is limited. This paper presents an analysis on investment structure of deposit guarantee (insurance) schemes of European countries under conditions of limited domestic securities markets, identifying weak points, and providing conclusions on their improvement. Based on the experience of the Lithuanian Deposit Guarantee Scheme, the structure of investments is examined, pointing to the principal problems and weaknesses of investments under conditions of a limited domestic securities market. The key factors for the investment policy are derived as a result of this analysis.
Deposit guarantee (insurance) schemes accumulate funds on the basis of guarantee (insurance) contributions. Funds are invested into particular financial instruments in order to increase them. These funds have to be used to pay pay-outs to depositors in the case of the failure of insured members. Therefore, investments must be safe, liquid, and properly diversified. This is especially important to carry out properly for deposit guarantee (insurance) schemes of countries whose domestic securities market is limited. This paper presents an analysis on investment structure of deposit guarantee (insurance) schemes of European countries under conditions of limited domestic securities markets, identifying weak points, and providing conclusions on their improvement. Based on the experience of the Lithuanian Deposit Guarantee Scheme, the structure of investments is examined, pointing to the principal problems and weaknesses of investments under conditions of a limited domestic securities market. The key factors for the |
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| Publisher |
Vilniaus universiteto Ekonomikos fakultetas / Vilnius University Faculty of Economics
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| Contributor |
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| Date |
2015-03-31
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.zurnalai.vu.lt/ekonomika/article/view/5324
10.15388/Ekon.2015.1.5324 |
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| Source |
Ekonomika; Ekonomika 2015 94(1); 131-142
1392-1258 1392-1258 |
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| Language |
lit
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| Relation |
http://www.zurnalai.vu.lt/ekonomika/article/view/5324/3478
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| Rights |
Autorinės teisės (c) 2015 Ekonomika
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