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Amount raised to BGN 196,000 (EUR 100,000) effective 31 December 2010. Article 23 (7) of the Bank Deposit Guarantee Law says that the guaranteed amount for foreign currency deposits shall be paid out in Bulgarian levs (BGN) calculated using the Bulgarian National Bank's exchange rate on the first day of paying out of guaranteed deposits. Croatia
Since 2008, as part of the response to the global financial crisis, the Australian government set up the Financial Claims Scheme (FCS) to provide protection to depositors in ADIs in the event that an ADI fails. The FCS guarantees certain deposits (currently up to $250,000 for each account holder at any ADI incorporated in Australia).
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank.There are several smaller banks with a presence throughout the country which includes Bendigo and Adelaide Bank, Suncorp Bank, [1] and a large number of other financial institutions, such as credit unions, building societies and mutual banks ...
Central bank interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate minus average inflation rate (2017–2021) Afghanistan: 6.00 3.00: 24 July 2021 [3] 3.38 2.62 Albania: 2.75 0.25: 6 November 2024 [4] 1.78 0.97 Algeria: 3.00 0.25: 29 April ...
In 1957 the Bank of New South Wales (later called the Wales, the forerunner of today's Westpac) bought 40% of AGC and over the years progressively increased its interest to a majority stake of 76% and then acquired all remaining shares in 1988. Banking regulations at the time prevented banks from doing the sort of lending finance companies like ...
The top saving accounts from major high street banks have been revealed by money-saving expert Martin Lewis. Mr Lewis highlighted the country’s best savings accounts during his Martin Lewis ...
Direct entry (also called CS2) [8] can be used to transfer funds between bank accounts in Australia. Clearing and settling is regulated by AusPayNet as the Bulk Electronic Clearing System (BECS). Direct entry uses the BSB and account number to identify the bank and accounts to debit and credit. Some common uses of the direct entry system include:
That seems to be about the most competitive rate right now and even two-year fixed term options are about the same - RCI Bank offer 4.6 per cent with interest paid upon maturity, while Tesco Bank ...