Deposit
in sentence
322 examples of Deposit in a sentence
The recent crisis in Cyprus underscores the urgency of establishing a banking union that includes not only common supervision, but also resolution mechanisms and
deposit
insurance.
Governments in Eastern Europe cannot credibly match the broad
deposit
guarantees issued by their Western neighbors, and the generous recapitalizations have brought down Western banks’ relative funding costs, further weakening local institutions’ competitiveness.
Even so, more than three years later, that union – which entails supervision by the European Central Bank and the beginnings of a fund for restructuring failing banks, but lacks a common system for
deposit
insurance – is far from perfect.
Though people have until the end of the year to
deposit
the notes in bank accounts, doing so in large quantities could expose them to high taxes and fines.
Gerashchenko blocked all bank reforms ranging from restructuring, liberalization and privatization to
deposit
insurance.
Ignatiev is likely to pursue a transparent and competent monetary policy and introduce
deposit
insurance.
As the
deposit
flight accelerated, the economy went into a tailspin and social tensions exploded.
But what happens if, like in Argentina,
deposit
flight continues and accelerates?
The problem is that these funds create the impression that anything invested with them is just as safe as a
deposit
at an insured bank.
So German banks with surplus cash would rather
deposit
it at the ECB than put it to work in Italy or Greece.
Housing payments are higher because mortgages are of short duration (an average of ten years) and tight loan-to-value restrictions force borrowers to seek additional higher-cost loans from second-tier
deposit
institutions and non-financial companies.
One problem the poor often have in accumulating savings is lack of easy access to savings accounts where they can
deposit
money.
A crucial element of restoring confidence in Europe is agreement on a “roadmap” for the eurozone to underpin its monetary union with a fiscal union and a banking union, including pan-European supervision and
deposit
insurance.
At the same time, the banking union, established by the EU in the wake of the 2007-2008 global financial crisis, should be strengthened by enlarging the capital base of the Single Resolution Fund and establishing a common
deposit
guarantee scheme.
Under the umbrella of common
deposit
insurance, US savings banks made a “gamble for resurrection” – borrowing excessively from their depositors and lending the money out to risky enterprises, knowing that potential profits could be paid out as dividends to shareholders while potential losses would be socialized.
In addition, the international community should offer emergency funding to help provide
deposit
insurance for the banking system, thereby re-establishing a modicum of confidence in financial institutions.
China’s consumers should also draw comfort from the likely move to market-based
deposit
rates on their savings accounts, which will reinforce incremental growth in wage income.
This year, Chinese policymakers have signaled further financial liberalization by removing the domestic cap on banks’
deposit
rates, thereby giving overseas institutional investors easier access to capital markets.
Thanks to Aadhaar, more than a half-billion people have connected their digital IDs directly to a bank account, allowing the government to
deposit
over $12 billion without the risk of fraud, theft, or – especially important for women – the male drinking and domestic violence that frequently accompanies sudden infusions of cash.
Harnessing this technology to expand financial inclusion would be economically empowering, particularly for smallholder farmers and merchants in rural communities, who could use their mobile phones to access market-price data, transfer cash, make retail purchases,
deposit
income, and pay bills – all while tending their fields or shops.
It needs to provide an expanded form of
deposit
insurance during this time of turmoil, so that there are no more Northern Rock-style bank runs.
On the contrary, by discouraging trading in securities, it would encourage investors to shift their funds into bank accounts and certificates of
deposit.
In order to
deposit
the required new collateral at the ECB, the banks should have had to raise fresh capital, with those that failed to do so entering insolvency proceedings.
Nor can it be used to establish a European
deposit
protection scheme, which is arguably the most urgent requirement, to stem the outflow of deposits from southern European banks.
The real problem in Greece is no longer the fiscal deficit, but a combination of
deposit
flight and continuing excessive consumption in the private sector, which for more than a decade now has been accustomed to spending much more than it earns.
Greece cannot regain access to financial markets until the current-account deficit is eliminated and
deposit
flight stops.
Unfortunately, the opportunity cost of keeping a bank
deposit
in Greece is rather low.
If this is not done quickly,
deposit
flight is likely to escalate, and the government will in the end have to impose a freeze on deposits or capital controls.
If Europe’s policymakers do not recognize that
deposit
flight and continuing excessive private expenditure constitute the real danger to the adjustment program in Greece, they might soon have to deal with another crisis – hard to imagine today – of even bigger proportions.
Specifically, it demands sovereign-debt mutualization through Eurobonds, and thus the elimination of eurozone countries’ fiscal sovereignty, and a full-fledged banking union with recapitalization authority and shared
deposit
insurance – a far cry from the arrangement that has been agreed.
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