Exact(7)
Rather, we need to take away the reason for any depositor to fear losing money through an explicit, comprehensive government guarantee.
There are transactions, too, in funds that are on deposit at commercial banks by means of loans between banks, or through loans by one large depositor to another.
Ultimately, the only real way to begin to ensure the safety of the banks in Spain - and all of Europe - is to create a euro zone deposit guarantee system so that there would be no reason for a depositor to withdraw money.
Livestock is the largest depositor to the agriculture.
In an emergency sitting of Tynwald on 9 October, the Isle of Man government raised compensation from 75% of the first £15,000 per depositor to 100% of £50,000 per depositor.
Moreover, some community banks have the added benefit of being a part of the Certificate of Deposit Account Registry Service (CDARS) program, which actually allows an individual depositor to protect up to $50 million through the same FDIC insurance, while global banks can still only insure up to $250,000.
Similar(51)
Euro fears prompt some depositors to leave Spanish banks.
Some retail banks require depositors to put equal amounts of money into other, more profitable, products.
Will it allow the (artificially low) interest rates that banks pay depositors to rise?
Bailing in the banks' bondholders (or even depositors) to spread the pain, would have unpleasant consequences.
When a run starts it is rational for others, even insured depositors, to join.
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