Deposit
in sentence
322 examples of Deposit in a sentence
This is usually a gas-station owner who is flush with cash at the end of each day and who, for security reasons and in order to pay for his fuel supplies, is obliged to
deposit
his cash daily at his bank, turning valuable FEs into less valuable BEs.
In particular, it could affect current plans for a “banking union,” which needs three elements: a single supervisor, a common resolution authority, and a credible system of
deposit
insurance.
Finally, the revolt of Cyprus’s small savers highlighted the need for a credible system of
deposit
insurance.
Leaving
deposit
insurance exclusively at the national level is no longer an option.
What about when he asks for common eurozone
deposit
protection and unemployment insurance?
The shadow banking system, which is beyond the reach of bank regulators and
deposit
insurance, fed the boom in home prices by helping provide more credit to buyers.
Universal banks offer
deposit
accounts, credit cards, mortgages, business loans, and other products.
And it calls for not only common financial regulation, but also for eurozone-wide supervision of financial institutions, including common
deposit
insurance and a shared bank-resolution scheme.
Denmark has taken its official
deposit
rate into negative territory.
The tar sands are hundreds of square kilometers of bitumen, a viscous and corrosive tarlike
deposit.
China’s saving will come down as its GDP growth slows, the authorities decontrol interest rates on bank deposit, and the economy rebalances toward consumption.
With the gradual dismantling of Glass-Steagall, and its final repeal in 1999, bankers triumphed over both the busters and the regulators, while maintaining
deposit
insurance for the commercial banks.
As a result, banks enjoying
deposit
insurance and access to central bank funds are free to gamble with their depositors’ money; they are “banks with casinos attached to them” in the words of John Kay.
Wages are rising,
deposit
insurance will be introduced, and
deposit
rates are being liberalized.
This is not the case in the US, because it has an integrated financial system, and support for banks
(deposit
insurance or outright bailouts) is administered at the federal level.
German and other northern European banks that no longer trust their southern counterparts parked their funds at the ECB’s
deposit
facility, whereas southern European banks used the ECB’s lending facilities to make up for the loss of private interbank funding.
For example, high-tech firms in California might
deposit
cash surpluses with local branches of a large bank operating throughout the US, which might then choose to lend to oil companies in Texas.
The most urgent step to stabilize the euro is not to follow the chimera of “euro economic government,” but to create the underpinnings of a truly integrated banking market with a common supervisor, a form of “federal”
deposit
insurance, and a “euro bank rescue fund” for the large cross-border institutions.
That is why safety nets, such as
deposit
insurance, have been put in place.
But the existence of
deposit
insurance creates room for abuse, in the form of excessive risk taking, because bank executives get the upside if things goes well, and any potential losses are imposed on the insurance fund.
Even with inter-bank liquidity strained, the PBOC is refusing to lower the
deposit
reserve rate to release liquidity – in defiance of market expectations.
The European Commission has proposed a single rulebook for banks’ capital requirements; mutual support between national
deposit
guarantee schemes; and Europe-wide rules for resolving failing banks that place the main burden on bank shareholders and creditors, not on taxpayers.
Now consider the alternative structure of multiple financial regulatory agencies - say, one for banks, another for other
deposit
institutions, yet another regulator for insurance, another for securities, maybe another for pensions.
For example, optional
deposit
insurance is not needed, nor is any other optional element that induces divergences in national DGSs.
To be sure, this does not mean that
deposit
protection should be unlimited.
Governments brought commercial banks under prudential regulation in exchange for public provision of
deposit
insurance and lender-of-last-resort functions.
Its recently enacted 13th Five-Year Plan aims to dampen fear-driven precautionary saving through interest-rate liberalization, the introduction of
deposit
insurance, the loosening of the hukou residential permit system (which would improve benefit portability), and relaxation of the one-child family planning policy.
A return to monetary decentralization would require radical policy changes, including the implementation of 1930’s-style laws enabling regulators to monitor banks, ensure that
deposit
insurance is credible and comprehensive, and halt off-balance-sheet financial activities.
The Next Phase of China’s Financial DeepeningHONG KONG – The People’s Bank of China (PBOC) has reduced official interest rates for the first time in more than two years, cutting the one-year lending rate by 0.4 percentage points, to 5.6%, and the one-year
deposit
rate by 0.25 percentage points, to 2.75%.
As it stands, there are considerable disparities between the one-year fixed
deposit
rate (3%); the official lending rate (6-8%) reserved for state-owned enterprises (SOEs), large corporations, and mortgages; and the market lending rate (10-20%) paid by private business and local-government projects that rely on shadow banking.
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