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SA introduces novel bank deposit insurance scheme

South Africa has launched a Deposit Insurance Scheme, safeguarding deposits up to R100,000 per depositor. Funding is set to come from bank premiums and a loan to the Codi. ....

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Better protection for bank clients with new deposit insurance scheme

Banking in South Africa became somewhat safer this week with the launch of the Corporation for Deposit Insurance by the South African Reserve Bank. ....

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Bank depositors' money protected from next year

Bank depositors' money protected from next year
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Personal Finance | A crisis of confidence in the banking sector

Concerns about the impact of higher interest rates on balance sheets were at the forefront of the sell-off in markets last month, specifically following the failure of Silicon Valley Bank (SVB), America’s 16th largest bank, on March 10 and then Signa ....

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Bank depositors' money protected from next year

Remember when thousands of depositors had to wait to get their deposits back when VBS bank failed? It will not happen again from next year. ....

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