Savings guarantee to be set at €100,000 under EU plan

The bank deposit guarantee for European savers will be set at €100,000 under European Commission plans unveiled today.

Savings guarantee to be set at €100,000 under EU plan
Mon, 12 Jul, 2010 - 14:56

The bank deposit guarantee for European savers will be set at €100,000 under European Commission plans unveiled today.

That is the maximum sum individual investors would be assured of getting back if their bank collapsed under new moves to step up protection for account holders.

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