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What are the five duties of a deposit insurance agency?

What are the five duties of a deposit insurance agency?

What are the five duties of a deposit insurance agency?

Here are five duties (responsibilities) of a deposit insurance agency

  1. Formulate and determine policies for the implementation of deposit insurance
  2. Carry out deposit insurance
  3. Formulate and establish policies to actively participate in maintaining the banking system's stability.
  4. Formulate, determine, and implement policies for settling failed banks that do not have a systemic impact.
  5. Carry out the handling of failed banks that have a systemic impact.

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