NDIC has enhanced its depositor protection, covering 99% of bank customers up to ₦5m. Learn why linking your BVN is crucial ...
Opinion
14hon MSNOpinion
₹5 lakh DICGC bank deposit insurance: Is it enough or should the govt increase it?
DICGC insurance covers 97.6% of the total bank accounts, but only 41.5% of the value (amount) of deposits. The cover was last increased from ₹1 lakh to ₹5 lakh in 2020. In 2025, a proposal to increase ...
NDIC has listed expanded deposit insurance coverage and faster payout systems as measures designed to protect ordinary bank ...
The NDIC has enhanced its deposit insurance to cover 99% of depositors in Nigerian banks, increasing maximum coverage to N5m to protect your savings.
State-run Philippine Deposit Insurance Corp. (PDIC) is set to draft specialized guidelines to transition Islamic deposits from conventional insurance ...
The NCUA (National Credit Union Administration) insures credit union deposits up to $250,000 per depositor, per institution, per ownership category. NCUA insurance provides the same protection as FDIC ...
A BILL seeking to improve the country’s bank liquidation framework was filed in the Senate last week, aiming to strengthen depositors’ protection by expanding the authority of the Philippine Deposit ...
WASHINGTON - The Federal Deposit Insurance Corporation announced on Thursday that it had approved deposit insurance applications from Ford Motor Co. and General Motors Company, clearing the way for ...
Congress is considering legislation that sounds noble — protecting depositors — but delivers the opposite of what South Carolinians expect from their elected representatives. The proposal to raise ...
The Federal Deposit Insurance Corp. on Tuesday gave conditional approval for Erebor Bank, backed by billionaire investor Peter Thiel, to receive deposit insurance coverage. The green light marks ...
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