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The purpose of the Institute for the Protection of Banking Savings (IPAB) is to protect small savers’ deposits and thereby help to preserve the stability of the financial system and the effective functioning of the payments system. |
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| IPAB´s Functions |
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Administer a bank savings protection system. |
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Define and implement bank resolution methods in full service banks that present problems of solvency. |
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Take charge of the administration and sale of assets associated with bank resolution programs. |
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Take charge of the management and financial administration of debt derived from Support Programs for Bank Savers and Debtors. |
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