Friday 17 October 2008

100% Guaranteed

It's not that I have deposit of more than 60k in my bank accounts..

But the announcement that ALL DEPOSITS will be fully guaranteed till Dec 2010 is definitely a good news to me. Looking at the current situation, this is very much a pre-emptive measure. Maybe to stop depositors from moving out their deposit from M'sian bank into Aussie one after their regulator announced the same measure earlier. S'pore also announced the same blanket guarantee.

Deposit insurance is something that you HAVE to know. You can always refer to PIDM's website, they have calculators, quiz and all. or you can ask me if you want, last resort la kan ? hikhik

1 comment:

Kopi Suam said...

thanks for the tips..