Answer to Question #170173 in Economics for jj

Question #170173

Explain how the deposit insurance scheme would be of economic benefit to financial intermediation in Zambian.


1
Expert's answer
2021-03-09T15:18:15-0500

Deposit insurance systems are designed to minimise or eliminate the risk that depositors placing funds with a bank will suffer a loss. So, more money will be deposited into the banking system.


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