1%, with the organised private business sector accounting for 76% of the total deposit balance of the private business sector, that sector accounting for 15% of total bank deposits
Capping of interest rates has lowered returns on bank deposits
Alejano earlier challenged President Duterte to sign a bank secrecy waiver to disprove allegations of having unexplained wealth in the form of bank deposits
, which was also one of the grounds in the impeachment case filed against him.
By the end of July this year, bank deposits
had climbed up to 4.
Central bank figures showed that total bank deposits
fell by AED7bn last month, mainly due to a drop in non-resident money.
BEIRUT: Citi, the global financial services group, indicated that the risks from the recent slowdown in the growth of bank deposits
in Lebanon are limited, and that the slowdown is unlikely to pave the way for capital flight.
In an interview with Trud daily Stoyanova said on Friday the current minority coalition government of cenytre-right GERB and right-wing Reformist Bloc would propose to Parliament to scrap the planned gradual reduction of the tax on interest on bank deposits
and reintroduce it at 10%.
They said the Bank Secrecy Law on bank deposits
is a myth, citing Revenue Regulations (RR) No.
The share of the deposits in the banks has increased by 14%, the trust of the population in the bank deposits
has grown, said Kairat Kelimbetov, the National Bank Chairman, speaking at the CCS media briefing on Tuesday.
For the first time since December 2012 bank deposits
in Cyprus grew last month, according to the Central Bank, Yahoo Finance reported on Wednesday.
1 per cent year-on-year and bank deposits
The cash-strapped lenders have been closed since Saturday, when Cyprus said it would raid personal bank deposits
to help fund its international bailout package to avoid a bank run.
Former President of the Republic Demetris Christofias has dismissed allegations that his government had given its consent for a haircut on Cypriot bank deposits
75% on all bank deposits
under 100,000 euro (PS86,490) and 9.
The FDIC's summary of deposits is a snapshot taken at midyear by the government agency that insures bank deposits