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Entrepreneurship requires patience, perseverance

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NDIC Justifies Upwards Review of Deposit Insurance Coverage Level

By Tony Obiechina In most countries, banks are the most important financial institutions for intermediating between savers and borrowers, assessing risks, executing monetary policy, and providing payment services. At the same time, the configuration of their portfolios makes them especially vulnerable to illiquidity and insolvency. In particular, by law, bank deposits have to be repaid ....

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