36 1/ On October 12, 2008, Australia announced an unlimited guarantee scheme for deposits in excess of A$1 million, the Australian Government Guarantee Scheme for Large Deposits and Wholesale Funding (the Guarantee Scheme). The Guarantee Scheme was to remain in place for a period of three years, and was voluntary and subject to a fee (for deposits exceeding A$ 1 million per person and bank). The Scheme formally commenced on 28 November 2008, and closed for new liabilities at the end of March 2010. Large deposits and wholesale liabilities guaranteed under the Scheme as at 31 March 2010 remained guaranteed, for a fee, for the relevant term. Separate deposit insurance arrangements continued to apply for deposit balances totaling up to and including A$1 million per customer per institution, and were lowered to A$250,000 from 1 February 2012 onwards. Such deposits are guaranteed without charge.

- 2/ Blanket guarantee introduced in 2008 expired at the end of 2010.

- 3/ Indonesia introduced explicit deposit insurance in 2004. The 2003 coverage limit refers to blanket guarantee in place.

- 4/ Malaysia introduced explicit deposit insurance in 2005. The 2003 coverage limit refers to blanket guarantee in place.

- 5/ Singapore announced on October 16, 2008 a blanket guarantee on deposits of individuals and non-bank customers of banks licensed in Singapore. The guarantee expired on December 31, 2010. 6/ An explicit guarantee system was introduced in August 2008 with the formation of the Deposit Protection Agency, replacing a blanket guarantee. The blanket guarantee is being gradually phased out with a limit of  Baht 50 mln from Aug 11, 2012 - 10 Aug 10, 2015;  Baht 25 million from Aug 11, 2015 - Aug 10, 2016; and Baht 1 mln for the period Aug 11, 2016 - onwards. 7/ 10% coinsurance for non-private persons.

- 8/ State-owned banks Belarusbank and Belagroprombank benefit from a full government guarantee on all their deposits, and do not make contributions to the Guarantee Fund. By Presidential decree of November 4, 2008. Belarus subsequently extended a full guarantee on all household deposits in all banks.

- 9/ On October 8, 2008, the Slovak government announced a blanket guarantee on deposits, which became effective as of November 1, 2009. Blanket guarantee expired at the end of 2010. 10/ Jordanian government issued a blanket guarantee on deposits in 2008, which expired end-2010.

- 11/ The President of the Republic of Uzbekistan issued a decree announcing a blanket guarantee on deposits on November 28, 2008. Blanket guarantee officially in place since October 12, 2009. Guarantee replaced statutory limit of 250 times the minimum wage. Guarantee still in place.

12/ Coverage limit in Chile refers to coverage of time deposits. Demand deposits are covered in full. Maximum coverage is equivalent to a maximum of 1,827,360 pesos in 2003, 2,317,199 pesos in 2010, and 2,466,801 pesos in 2013.

13/ Full guarantee for noninterest-bearing transaction accounts until December 31, 2012.

14/ Deposit insurance coverage increased from HKN400,000 to EUR100,000 on July 1, 2013 when Croatia joined the EU.

- 15/ Blanket guarantee on deposits in Mongolia expired on November 2012.

16/ A blanket guarantee on deposits was in place in Honduras from 1999 until September 2003. It was reduced to 50% coverage for October-November 2003 and increased back to 100% for DecemberSeptember 2004, until the additioal guarantee was phased out in September 2004. Between April and September 2004 there was a guarantee ceiling of 5 million Lempiras.

17/ The equivalent of 250 times minimum wage, which equaled UZS5,440 at end-2003.

18/ Coverage limit in Mexico is equivalent to 33,520,000 pesos in 2003, 2,023,492.40 pesos in 2010, and 2,023,492.40 pesos in 2013.

- 19/ Equivalent of 75 times monthly minimum wage.

20/ Equivalent of 62000 FSD.

21/ Equivalent of 250,000 UI for domestic currency deposits; US$ 2500 for foreign currency deposits. Sources: World Bank Survey, IADI, Laeven and Valencia (2012), FSB (2010, 2012), IMF staff reports, and national deposit insurance agencies.