An Analysis on Deposit Insurance of Turkish Banking System by Core Principles for Effective Deposit Insurance Systems

Deposit insurance is a crucial regulation for banks which are trust the institutions. This regulation came up with the Great Depression in the United States, our country has also adopted in 1980 with the world. Deposit insurance with a legal basis to be connected to the trust factor, may lead positive as well as negative consequences for banks. The importance of deposit insurance regulation has increased. International Association of Deposit Insurers which has 79 members published Core Principles for Effective Deposit Insurance Systems in 2009. And then in 2014, these principles were decreased to 16 items. In this paper, It is going to be analyzed deposit insurance system from 1983 to the present in Turkey and to be controlled accordance to the Core Principles For Effective Deposit Insurance Systems. The purpose of this study is to examine of whether these principles of deposit insurance is appropriate for Turkey