March 15, the new maximum deposit insurance coverage (MDIC) of P1 million per depositor per bank will take effect. The new ...
Since the collapses of Silicon Valley Bank and Signature Bank, coverage from the Federal Deposit Insurance Corporation (FDIC) has been in the spotlight. The FDIC protects up to $250,000 per ...
Greek lender Piraeus Bank has agreed to purchase a 90.01% stake in the parent company of compatriot Ethniki Insurance from ...
The Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the Reserve Bank of India (RBI), guarantees a maximum of Rs 5 lakh deposited in a bank in case of failure, bankruptcy or ...
A jump in insurance limit on bank deposits could result in making a dent in the banks’ profit, ICRA said on Wednesday. The ...