Financial representative proposed the establishment of an insurance company to protect bank deposits
09/06/13 06: 06
The parliamentary Finance Committee, proposed the establishment of an insurance company keep deposits in private and public banks to reassure citizens who want to see their money in banks.
Member of the Finance Committee Haitham Harish said that the function of the company is to guarantee bank deposits in case of bank failures or theft, since there are locked funds for such deposits, adding that the company can protect the public and the private banking sector also protects the customer with these banks from any future cons.
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