The
Government has prepared some amendments to the law presently guaranteeing the
security of bank deposits. This follows reports that some banks have been
abusing the provisions of the guarantee to secure deposits on inflated promises,
and also to relax their internal risk control mechanism. All this could end up
disturbing stability in the banking system.

The
government now proposes to limit both the types and amount of deposits covered
by the guarantee. In addition, it wants all banks to put 1 percent of the
guaranteed funds in a special Government fund, which can be used at an
emergency.