News Source: Taiwan News
| about 1 year ago
Malaysia said it will guarantee all bank deposits for the next two years, following similar moves by Hong Kong and Singapore amid fears that banks may collapse in the global financial crisis. The central bank, Bank Negara Malaysia, and the Finance...
News Source: Xtra News
| about 1 year ago
Singapore on Thursday set aside 150 billion dollars (101 billion US) to guarantee all bank deposits in the city-state until the end of 2010, but insisted the banking system here remains sound. Authorities said they had taken the move -- which...