Measurement of systemic risk in a common European Union risk-based deposit insurance system: formal necessity or value-adding process?
LTReikšminiai žodžiai: Rizikingumas; Sisteminė rizika; Indėlių garantija; Risk-based; Systemic risk; Deposit insurance.
ENScientific discussions have emphasized that the main problem with the current deposit insurance system is that the current system does not evaluate the risks that banks assume to calculate the deposit insurance premiums in many countries of the European Union (E.U.). Thus, the prevailing system does not safeguard a sufficient level of stability in the banking system. Scientific studies show that the deposit insurance system should consider not only the risk indicators for individual banks, but it must also consider the systemic risk of banks that affects the stability of the banking system. Hence, the question arises as to whether measurements of systemic risk in a common E.U. risk-based deposit insurance system are a formal necessity or if they are a value-adding process. Expanding the discussion of scientists, this article analyzes how contributions to insurance funds would change the banks of Lithuania following the introduction of the E.U.’s overall risk-based deposit insurance system and after taking into consideration the additional systemic risk. The research results that were obtained provide evidence that the introduction of a risk-based deposit insurance system would redistribute payments to the deposit insurance fund between banks operating in Lithuania, and, thereby, would contribute to a reduction in the negative effects of the deposit insurance system and would improve the stability in the financial system. [From the publication]
- Research on risk-based common European Union deposit insurance system in Lithuanian banks / Ausrine Lakstutiene, Aida Barkauskaite. Eurasian business perspectives : proceedings of the 20th Eurasia business and economics society conference. Vol. 1 / edited by Mehmet Huseyin Bilgin, Hakan Danis, Ender Demir, Ugur Can. Cham: Springer International Publishing, 2018. P. 105-118.
- Transformation of the EU deposit insurance system: evaluation of risk-based insurance premiums on the basis of the example of Lithuanian banks / Aušrinė Lakštutienė, Justyna Witkowska, Edita Leškauskienė. Transformations in business & economics. 2017, vol. 16, no. 2 (41), p. 147-169.
