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All Stories: Deposit

Annual report reveals banking protection stats in Pakistan

KARACHI: A report has been released detailing the number of depositors protected in the event of a bank’s insolvency in Pakistan, ARY News reported. The...

Europeans drain billions from banks

European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up to hold on to...

Saudi Arabia confirms rollover of $3bn deposit for one year: SBP

ISLAMABAD: The Saudi Fund for Development has confirmed it will extend for one-year a $3 billion deposit currently placed in the SBP accounts since...

Saudi Arabia deposits $3bn in Egypt’s central bank

CAIRO: The Saudi finance ministry said on Sunday the Kingdom had deposited $3 billion with Egypt's central bank and extended the term of another...

Germany slams proposed eurozone deposit insurance plan

LUXEMBOURG: Germany's powerful finance minister Wolfgang Schaeuble on Saturday sharply criticized an EU proposal to create a common deposit-insurance system for Eurozone banks.
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