Comments
One Response to “DEPOSIT INSURANCE SCHEME INCREASES COVERAGE.”
  1. LHR says:

    Hmm… isnt it good to give Deposit Insurance?
    At least it prevents the Chances of having a Bank Run in Singapore, which will really cripple our Small, Banking Sector. It provides more Stability.
    But i am not sure the Charges of these Insurance Premiums on the Bank, how much are those Premiums and how it will affect the Cost of Deposit, which might eventually be transferred to Normal Depositors, in terms of even Lower Savings Interest Rate.

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