Summary | Zhou also said the new system could help to ease
market access for new banks.The deposit insurance system is
intended to protect depositors if their bank suffers
bankruptcy.The maximum pensation has been set at 500,000 yuan
($80,600) per depositor.He also said it was important that the
system did not rely upon taxpayers' money."Most of China's ...
market access for new banks.The deposit insurance system is
intended to protect depositors if their bank suffers
bankruptcy.The maximum pensation has been set at 500,000 yuan
($80,600) per depositor.He also said it was important that the
system did not rely upon taxpayers' money."Most of China's ...
en.ce.cn | 29 April 2015