Research on Explicit Deposit Insurance System Construction under the Perspective of Market Discipline;

To end of 2003, there have been 87 nations to build up explicit deposit insurance system.

The practice of various courtries and the examples of the current international financial crisis show that, as one of the three dominant elements of the financial safety net, the explicit deposit insurance system plays an important role in protecting the interests of depositors and safeguarding financial stability of a country.

The present writer holds that an explicit deposit insurance system needs to be established by using the advanced deposit insurance systems in other countries for reference to increase the confidence of the public in financial organizations.

For the purpose of deposit s safe and financial system s stability,domestic scholars consider that the implicate deposit insurance system should be relinquished,and at the same time the explicit deposit insurance system should be pursued in open China.

It is inevitable to establish the deposit insurance institution in China, which is demonstrated from the four respects of financial fragility, the savers interests protection, the defects of the covert deposit insurance institution and the creation of the impartial competitive environment among banks.

Structured products have become the most rapidly growing area in management business of commercial banks since 2003, when they appeared in China in the form of structured deposits.