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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

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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

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