Profile Picture
Illya Gerasymchuk
Entrepreneur / Engineer
User Illya Gerasymchuk -

2024-10-27 15:51

๐Ÿ’ฐ DICJ's funding comes from: โ€ข Self-issued bonds โ€ข Insurance premiums paid by banks โ€ข Borrowed funds from financial institutions & public In practice, operation financing is heavily relied on debt, making it risky long-term ๐Ÿ“ˆ

Thought Image
User

๐Ÿš€ How fast do you get your deposits back? The Incubator Bank case (2010) shows DICJ timeline in practice: โ€ข Bank failed on Friday โ€ข Deposits returned by Monday 3 days/by next working day to have insured deposits available ๐Ÿค

Quoted Thought Image
๐Ÿ’ฌ