_Sources_ : Own survey of deposit insurers, IADI Survey: Bahamas (2003).

**Bahrain.** ( _Deposit Protection Scheme and Deposit Protection Board, Resolution No. 3_ ) The deposit protection scheme of Bahrain came into effect in November 1993. The scheme has joint administration and ex-post funding. Both resident and non-resident deposits with Bahrain offices of full commercial bank are covered. The coverage is extended to the lesser of BD 15,000 and three quarters of the total eligible deposits of the depositor in the liquidated commercial bank. The scheme extends coverage to both local and foreign currency deposits. The excluded deposits are; government, illegal, inter-bank, deposits of affiliates, shareholders, directors and officers of the banks.

_Sources_ : Bahrain Monetary Agency (2004), Garcia (1999).

**Bangladesh.** ( _Deposit Insurance Fund, Deposit Insurance Ordinance 1984_ ) The deposit insurance scheme of Bangladesh was established in 1984. The system excludes the deposits of domestic and foreign governments, banks and other financial institutions. Deposits in foreign currencies are not covered. All scheduled banks are obligated to be members of the scheme and pay a premium on their deposits at a rate of 0.5%. The system is jointly administered and financed. The agency’s finances are co-mingled within the central bank.

_Sources_ : Asiatic Society of Bangladesh (2004), Garcia (1999), Kyei (1995).

**Belarus.** ( _The Guarantee Fund for the Protection of Deposits by the Population_ ) The deposit insurance system in Belarus was established in 1996 and went through several revisions since then. In 1998, the government promised full guarantees for banks authorized to provide service to government programs. Then they were taken under the supervision of the National Bank of Belarus (NBB) in 2000. In 2001 NBB issued further rules about insurance for ruble and foreign currency deposits in non-authorized banks. As of 2003 the equivalent of USD 2000 (per person per bank) were fully covered under the insurance scheme, whereas 80% coverage was provided for the next USD 3000 (that is from USD 2000 to USD 5000). Different groups of banks receive different treatment. For example, two large authorized banks do not pay insurance premiums to the Guarantee Fund and their deposits are implicitly covered by the government. On the other hand, the group of banks other than those “authorized” by the government are subject to the coverage limit indicated and are covered by the Guarantee Fund only. _Sources_ : Barth, Caprio and Levine (2004), Research Center of the Institute for Privatization and Management (2003).

**Belgium.** ( _Rediscount and Guarantee Institute, Royal Order 175 and March 1982 Legislation_ ) Before 1995 there were two separate funds (one for banks and one for private savings institutions) that were managed by the institute. Membership was not mandatory. After the changes made in 1995, all institutions are required to participate in the system and there is now only a single fund that covers all credit institutions. In 1995 the coverage limit of 500,000 Belgian Francs was changed to ECU 15,000, which was later replaced by a limit of EUR 20,000 in year 1999. If the funds’ liquid assets fall below a critical level, the premiums paid by the banks can be raised by a maximum of 0.04%. The state can provide a limited guarantee. _Sources_ : Bruyneel and Miller (1995), Garcia (1999), Kyei (1995).

**Bolivia.** ( _Fund for Financial Restructuring_ ) The deposit insurance scheme in Bolivia was founded in December 20, 2001. It is governed by the Financial Restructuring Fund that acts as a deposit insurer. Membership is compulsory by all financial institutions and until 2005 the Central Bank was the responsible party before the Fund gets fully capitalized. The premiums are proportional to private sector deposits. Before 2005 the deposits were covered up to 50 percent of the privileged obligations, although there does not exist a maximum amount yet. For example, in terms of the order of obligations, private sector deposits, judicial deposits, and other obligations to the private sector come in first priority. The coverage is extended to foreign currency deposits as well. _Source_ : Ioannidou and Dreu (2004).

**Bosnia-Herzegovina.** ( _Deposit Insurance Agency of the Federation of Bosnia and Herzegovina_ ) The deposit insurance scheme was established in 1998 by the Law on Deposit Insurance published in the Official Gazette No. 41/98. The system is legislated and administered by the government. The membership to the scheme is mandatory and banks need to pay 0.3% (0.5% until July 2001) of total deposits per year as insurance premiums on a quarterly basis. The deposits are covered up to KM 5000 without any coinsurance

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