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The DI Scheme does not cover foreign currency deposits, structured deposits and investment products such as unit trusts and shares. SDIC said on its website that the main objective of deposit ...
HSBC Bank Bermuda, Butterfield Bank, Clarien Bank and Bermuda Commercial Bank, are members of the scheme, and they are paying in to the pre-funded deposit insurance fund. The scheme provides a ...
On online forums and social media, users highlighted that – unlike for bank deposits – money placed with such investment platforms is not covered by the Singapore Deposit Insurance Corporation ...
China's recently launched deposit insurance scheme is unlikely to have a major impact on banks and premiums for the scheme will be much lower than in other countries, deputy central bank governor ...
The higher cap on deposit insurance will cover 91 per cent of insured depositors, in line with international norms. Read more at straitstimes.com. Read more at straitstimes.com.
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