Constâncio calls for centralised deposit insurance scheme
Vice-president says centralised deposit insurance would increase trust in the banking sector
Vítor Constâncio, the European Central Bank (ECB) vice-president, reiterated his call for a centralised deposit insurance scheme in the eurozone today, which he believes is necessary to create a "level playing field".
Constâncio told an audience at the National Bank of Austria that such a scheme would ensure decisions taken on a centralised basis would affect depositors equally – regardless of their location, or the location of their bank.
"The establishment of a common deposit insurance scheme
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