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Home > Industry Analysis > Research & Analysis > FDIC Banking Review |
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FDIC Banking Review |
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| Table 12 Termination of Deposit Insurance |
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| Deposit Insurer | Does the deposit insurer have the authority to revoke deposit insurance in cases where an insured depository institution is operating in an unsafe or unsound manner? | If yes, has this authority ever been used? |
|---|---|---|
| Advanced Economies | ||
| Austria (AAR) | No | |
| Austria (AABB) | No | |
| Belgium | No | |
| Canada | Yes | Yes |
| France | No | |
| Germany (EdB) | No | |
| Germany (E) | Yes | No |
| Greece | Yes | No |
| Isle of Mana | Yes | |
| Italy (IDPF) | Yes | Yes |
| Italy (DPFCB) | Yes | No |
| Japan | No | |
| Netherlands | No | |
| Portugal | No | |
| Spain | No | |
| Sweden | No | |
| Taiwan | Yes | |
| United Kingdom | No | No |
| Subtotal | 7 for Yes and 11 for No | 2 for Yes and 4 for No |
| Developing Economies and Economies in Transition | ||
| Africa | ||
| Nigeria | Yes | No |
| Tanzania | Yes | No |
| Uganda | No | |
| Europe | ||
| Czech Republic | No | |
| Hungary | ||
| Latvia | No | |
| Lithuania | Yes | No |
| Poland | No | |
| Romania | No | |
| Slovak Republic | No | |
| Turkey | No | |
| Middle East | ||
| Bahrain | No | |
| Oman | Yes | No |
| Western Hemisphere | ||
| Brazil | No | |
| El Salvador | No | |
| Jamaica | No | |
| Mexico | No | |
| Peru | No | |
| Trinidad and Tobago | No | |
| Subtotal | 4 for Yes and 14 for No | 0 for Yes and 4 for No |
| Total | 11 for Yes and 25 for No | 2 for Yes and 8 for No |
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Note: Classification of economies into "Advanced," "Developing," or "Economies in Transition" is from International Monetary Fund (2000). Deposit insurers without a Yes or No did not answer the question on the survey or did not provide an answer that was easily categorized as yes or no. aBritish Crown Dependency. AAR = Association of Austrian Raiffesenbanks AABB = Association of Austrian Banks and Bankers EdB = Entschadigungseinrichtung deutscher Banken E = Einlagensicherungs IDPF = Interbank Deposit Protection Fund DPFCB = Deposit Protection Fund for Co-operative Banks | ||
| Last Updated 4/25/2003 | Questions, Suggestions & Requests |