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MAS proposes raising deposit insurance coverage to S$75,000

Saturday, August 5, 2017 - 05:50

THE Monetary Authority of Singapore (MAS) on Friday released a public consultation on its proposals to enhance the Deposit Insurance (DI) Scheme, with a key proposal to increase coverage to S$75,000 from the current S$50,000.The DI scheme insures Singapore dollar deposits held at a full bank or

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