CANBERRA (Reuters) - Australia will guarantee all bank deposits for three years and will also guarantee wholesale funding to Australian banks in an attempt to combat the global credit crisis, Australian Prime Minister Kevin Rudd said on...
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By Bibiána Duhárová Staff Writer, The Prague Post October 15th, 2008 issue Leaders including Finance Minister Miroslav Kalousek met Oct. 2 in Prague to debate the country's deposit guarantee. A step apart Finance Minister...
Even before my previous post has been seen by too many, the Singapore Government and the Monetary Authority of Singapore (MAS) have announced tonite that "The Singapore Government has.. decided to guarantee all Singapore Dollar...
The repayment guarantee of all deposits in Hong Kong is a temporary measure applied at a delicate time when confidence in the banking system is threatened by the worst global financial crisis in a century, Monetary Authority...
Fine Gael has voiced concern about what it says are the low charges applying to financial institutions which avail of the Government's bank guarantee scheme. The party says it is still generally supportive of the plan to...
Fine Gael has voiced concern about what it says are the low charges applying to financial institutions which avail of the Government's bank guarantee scheme. The party says it is still generally supportive of the plan to...
National Party leader John Key has welcomed changes to the bank deposit guarantee scheme which includes making finance companies pay a fee. Prime Minister Helen Clark announced the $150 billion guarantee for retail bank...
Britain's guarantee on bank deposits is expected to double to £100,000 next year after similar proposals were unveiled by the European Commission on Wednesday. The EC has called for all bank savings in the European Union to be...
Updated at 7:00am on 16 October 2008 The Reserve Bank has toughened the rules for financial companies wanting to apply for the Government's deposit guarantee scheme. Governor Allan Bollard says implementing the scheme has...
The Government has finally released details its controversial bank guarantee scheme, more than two weeks after the plan was first announced. Minister for the Finance Brian Lenihan said the new regulations would take the...
Updated at 5:48am on 16 October 2008 National Party leader John Key met Reserve Bank governor Alan Bollard on Monday afternoon, and afterwards said he was generally reassured about the bank deposit guarantee scheme. The...