Deposit Guarantee News Today : Breaking News, Live Updates & Top Stories | Vimarsana

the ripple effects from the collapse of silicon valley bank on friday are being felt accross the world. the us government has now said it will ensure all svb account holders will be able to retrieve any funds they have on monday morning. a statement by the us treasury and federal reserve said the plan will ensure the resilience of the broader us banking system. meanwhile in the uk, the government is warning that up to 200 british start—ups and technology firms, are at risk, following the collapse of svb. its british arm, svb uk, has helped with financing for numerous technology and...

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

Ukraine’s State Tax Service has received UAH 550 million ($15 million) from the accounts of the defunct Ibox Bank to settle the debts to its eighth tier of creditors, the Deposit Guarantee Fund announced on Dec. 8.

The Auchan Romania stores are ready for the launch of the Deposit-Return System, a program that comes into effect from November 30th. As the first retailer to join the „recycling dance”, Auchan has provided customers with the opportunity to bring used packaging for collection and recycling at specially designated points equipped with automated collection machines (RVM) since April of this year.

It has been a quiet period under the caretaker government. No dramas, no brash claims, no heated accusations and, surprisingly, a rupee appreciation against the dollar.Pakistan’s economy is...