The Korea Deposit Insurance Corporation (KDIC ... was created in 2011 to inject public funds for the restructuring of insolvent savings banks. A total of 27.2 trillion won in public funds has ...

Studying proprietary FDIC data, the researchers found evidence that the PE acquisitions of failed banks had positive effects on local economies, potentially saving further losses for the FDIC, and ...

Have you ever wondered what might happen to your hard-earned savings if your bank or microfinance institution were to fail? If so, you’re not alone. Many people share this concern, often because they ...

The Federal Deposit Insurance Corp., which manages the fund by levying assessments on banks, is required by law to ensure the pool of money meets a reserve ratio of at least 1.35%. At the end of ...

Federal Deposit Insurance Corp. acting Chair Travis Hill on Tuesday suggested the agency consider changing how it calculates the Deposit Insurance Fund's reserve ratio. Hill, in comments at the FDIC's ...

President Donald J. Trump recently announced that, while his administration intends to “privatize” Fannie Mae and Freddie Mac ...

BAKU, Azerbaijan, May 14. Tural Piriyev has been reappointed executive director of the Deposit Insurance Fund, Trend reports. President Ilham Aliyev signed a decree in this regard. Earlier he was ...

MANILA, Philippines — Islamic banks and banking units are now covered by the Philippine Deposit Insurance Corp. (PDIC), ensuring that depositors are protected even if these banks close or go ...

Conservative organizations are warning that a push by some liberals to increase federal deposit insurance is part of a broader strategy to centralize financial power in Washington at the expense ...

Union Bank of India has launched a ‘Wellness Deposit’ specifically for retail customers by integrating health insurance with a term deposit product. The scheme, which aims to promote both ...