DEPOSIT INSURANCE SYSTEMS OF POST-SOVIET COUNTRIES: A COMPARATIVE ANALYSIS
DEPOSIT INSURANCE SYSTEMS OF POST-SOVIET COUNTRIES: A COMPARATIVE ANALYSIS

Summary/Abstract: The article provides a comprehensive analysis of deposit insurance systems in the post-Soviet countries as of December 2017. The article brings up to date the earlier databases of Demirgüç-Kunt and various co-authors, covering 15 post-Soviet countries exclusively. The analysis shows that post-Soviet countries are on their way developing deposit insurance systems that can effectively protect clients and help establish a stable financial system. Altogether, the most crucial factor which does not allow post-Soviet countries to fully accept the EU deposit insurance regulations is the divergent course of economic development. The findings are further illustrated along the particular case of Ukraine.

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