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Bullion

Keywords

Financial sector stability, Nigeria Deposit Insurance Corporation, Banking supervision.

Abstract

It might be necessary to start explaining the terms involved in the above topic. A Deposit insurance Scheme (DlS) is an arrangement whereby a designated agency (usually government-owned) guarantees deposits in insured financial institutions This paper discusses the guarantee function and financial sector stability, the supervisory function and financial sector stability, the liquidation function and financial sector stability and the other contributions of Nigeria Deposit Insurance Corporation (NDIC). The study concluded that, "Financial Sector Stability: lssues and Challenges" is not only appropriate but quite timely given the rumours making the rounds about unfounded banking distress.

Author Bio

The author is a staff the Nigeria Deposit Insurance Corporation.

Publication Title

CBN Bullion

Issue

1

Volume

28

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