IADI highlights move to strengthen deposit insurance
Survey of 113 schemes finds they are becoming more generous and faster to pay out
The International Association of Deposit Insurers says it has observed a continued trend of jurisdictions strengthening their frameworks in the past year.
IADI conducted a survey of 113 deposit insurance schemes, representing 85% of jurisdictions globally. Its report on the results, published today (December 18), says average coverage per depositor per institution was around $70,000, and had risen “substantially” in the last 10 years. A few schemes still provide 100% coverage.
Deposit insurers
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