This article is an overview of existing deposit insurance in the European Union. There are various national deposit schemes that form the source of insurance. The schemes come up with various coverage, contributions, and fund sizes. The recent financial crisis has brought about a change in the...

The assessment is a featured report of Turkey’s credit boom in the middle of 2011. The country faced the global crisis successfully because of earlier significant capital buffers. Overall, the country was healthy financially, but there was a slowdown in loan growth and market...

The Slovenian banking system has been transformed by Slovenia’s accession to the European Union. Banking sector regulation and supervision is generally in line with international standards. The global crisis affected Slovenia’s economy significantly, and most banks in the system...

A detailed assessment of Israel’s compliance with the Basel Core Principles for effective banking supervision is presented. The Bachar reform that has been started in mid-2005 forced banks to divest most noncommercial banking activities, such as mutual funds, insurance, pension, and...

This report analyzes the Israeli economy and its financial system in detail. A strong macroprudential framework is believed to be an effective tool in identifying in advance and extenuating threats that arise within the financial domain. It is also stated that the present fragile global economic...

This paper assesses compliance of the Basel Core Principles for Effective Banking Supervision in Spain. Significant changes have occurred in Spain since the last Financial Sector Assessment Program (FSAP). The most serious has been the deterioration of the economy and the real estate sector. The...

This note outlines the basic economics of the shadow banking system, highlights (systemic) risks related to it, and suggests implications for measurement and regulatory approaches.

Growth performance in Bangladesh is improving, but macroeconomic imbalances have also emerged. Medium-term growth targets are likely to intensify macroeconomic pressures if not managed well. Longer-term growth prospects hinge on generating sufficient resources to relieve infrastructure...

Even though the Russian authorities have maintained financial stability at the time of a major global shock, the financial system is still weak. The crisis has set back progress toward a strong, competitive banking system for the future. The recent unification of the supervision of nonbank...

In this study, the role of the financial sector and Islamic finance in the development of Iran’s economic strategy is discussed. The structure and governance aspects of Iran’s financial system are explained by means of equity finance and the banking sector. The role of Iron...