Study On Deposit Insurance Systems And Pricing Of Deposit Insurance

Deposit insurance system is that a country in order to protect deposit-taking financial institutions in the interests of depositors and maintaining financial system stability and to make a system arrangement. Deposit insurance agencies, according to the pre-set premium rates for deposit-taking financial institutions charge premiums, and set up deposit insurance fund, to help deposit-taking financial institutions to deal with liquidity, bankruptcy and other situations, and apply to insured deposits'Account. Deposit insurance system can effectively protect the interests of small depositors and prevent bank runs, thus maintaining the stability of the banking. So people referred to deposit insurance system and the central bank's lender of last resort function and the financial supervisory authorities to maintain financial stability as the "three magic weapons ", a common component of the financial system safety net. Designing explicit deposit insurance system need to consider all aspects of the factors, such as which classes of deposits to insure and up to what amount, which banks should participate, who should manage and own the deposit insurance fund, and at what levels premiums should be set. Estimated fair value of deposit insurance deposit insurance system is undoubtedly the key issue of success.This paper is divided into five parts. The first part describes the significance of the topic, the deposit insurance literature review, thesis structure and innovation, and deficiencies; The second part describes deposit insurance systems of the United States, Canada and Japan, and their latest developments; We introduce the insurance deposit systems of the three countries on bank deposit insurance system building background, organization, coverage, ceiling, rate structure, deposit insurance fund sources and use. And we analyze the development and reform of the American deposit insurance system, we find that in the process, a series of related law and implementation in which played a crucial role;The third part discusses the system of deposit insurance premiums and the main deposit insurance pricing model and improved model of the world; We mainly introduce the differential premiums systems of the United States, Canada and Taiwan. The fourth part of the paper we use stocks of listed banks in the annual report data and financial reporting data, estimated the deposit insurance premiums of 14 listed commercial banks in China from 2008 to 2010years. Because Agriculture Bank of China and China Everbright Bank have just listed in 2010, they are not in our research samples interval, so we only study other 14 Banks. We first consider simultaneously listed in Hong Kong and the mainland of six Banks H stock data, so it make calculated results more close to reality .Then a comparative analysis of 14 listed commercial banks deposit insurance premiums was given. The fifth part is the conclusion and suggestion, we summarize the main research results in this paper, and then establish a deposit insurance system in China, some suggestions about deposit insurance system in China are presented and we propose the subsequent research opinion.