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Formation of deposit guarantee fund in Ukraine: regulatory legal aspects
Abstract
Economic growth is impossible without reliable and stable functioning of the banking system. In the current economic conditions the increase of public confidence in the banks, through the development of national deposit guarantee system is particularly relevant.
The aim of study can be determined as the formation and presentation features of the prerequisites of the deposit insurance system in Ukraine.
The article presents the historical aspect of the national currency and banking system, which ultimately contributes to increasing the relevance of deposit insurance system. It has been emphasized the bankruptcy and liquidation of banks, which is accompanied by a loss of confidence in them, because of the crises. It has been analyzed the aim, tasks and functions performed by the Deposit Guarantee Fund. It has been pointed the priority, claims of creditors.We have specified types of deposits, which are not refunded by the Deposit Guarantee Fund. Also it has been analyzed the current state of the legal framework of the Fund.
The study has noted areas for further improvement of the system of guaranteeing deposits in Ukraine.
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References
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Articles are distributed under Creative Commons Attribution International 4.0 (CC-BY-NC 4.0)
Science Works Journal "Ekonomichnyy analiz"
ISSN 1993-0259 (Print) ISSN 2219-4649 (Online) DOI: 10.35774/econa
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