International Experience of Development of Bank Deposit Insurance System

Anotace: The article deals with the peculiarities of formation and development of bank deposit insurance systems in foreign countries, identifies the classification features of the division of such systems into models: American and German. It has been found out that the US model provides for the creation of a special state financial authority or state-controlled body, the participation of commercial banks and other credit institutions in the deposit insurance system, as well as the joint financing of such system at the expense of public funds and contributions of commercial banks. Under the German model, the deposit insurance scheme is managed by associations of credit institutions. Funds are raised through investments from commercial banks and other credit institutions. State involvement is minimized. The article describes the reasons for the creation of bank deposit insurance systems and the impact which these systems produce on the banking system of the country as a whole.