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Deposit protection – savers need to know coverage limits
Tuesday, October 07, 2008 1:09 PM

Until the latest statements suggesting unlimited guarantees, legal coverage was highest in Norway, France, Italy and Mexico. In the US the amount covered has been raised temporarily to 250,000 from 100,000 US dollars per account. The following graphs show coverage in early 2008 and the position as of 8 October 2008, based on government statements: Source: Financial... Read More...

by Cynthia Coutu | with no comments

Filed under: insurance, financial crisis, banks