The US deposit insurance system (managed by the Federal Deposit Insurance Corporation – FDIC) has been established in 1933 to ensure the safety of deposited money and the overall stability of the banking sector. Although over decades the system proved to be successful in accomplishing those...

Despite their relatively short history, deposit insurance schemes (DISs) are currently a common element of the banking system. In 2004, 83 explicite DISs operated around the world. The Bank Guarantee Fund (Bankowy Fundusz Gwarancyjny – BFG) – the Polish institution guaranteeing household...