1. A new law guarantees deposits and the World Bank is pressing for a wholesale restructuring of the industry. 2. A system which guarantees deposits has also been introduced to restore saver confidence in the banking system. 3. After an all-night meeting with government officials, the central bank said it decided to place an administrator at Agrobanka and guarantee its deposits. 4. All bank deposits are guaranteed by the government. 5. Its deposits are guaranteed by the government. 6. Previously, the corporation guaranteed only deposits of failed institutions and provided healthy banks with funds if they took over failed banks. 7. Previously, the fund guaranteed only deposits of failed institutions and allowed healthy banks access if they took over failed banks. 8. Sabirin said Indonesia would not repeat that experience because the central bank now guaranteed all deposits. 9. Taku Yamazaki, a leading LDP politician, told the Nikkei Kinyu newspaper that the government will guarantee bank deposits. 10. The central bank said it would guarantee all deposits, including interest, registered at Agrobanka as of today. |