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  1. 100pc bank deposit insurance urged

    Posted Oct 14th 2008, 12:00am by Staff Reporter

    ... Ng Kang-chung Calls are mounting for better protection of private savings deposited in local banks to help restore public confidence in the banking system. Lawmaker Cyd Ho Sau-lan, ... In the Asia-Pacific region, Australia, New Zealand and Taiwan are offering blanket deposit protection for bank savers. 'The government should help boost confidence in the banking system,' Ms Ho ...

  2. Details of deposit protection scheme review to be released next year

    Posted Oct 23rd 2008, 12:00am by Dennis Eng

    ... Dennis Eng The independent body overseeing the deposit protection scheme in Hong Kong will announce possible improvements to the scheme's coverage and protection of depositors by the first quarter of next year. Public and industry consultations will be conducted afterwards. The Hong Kong Monetary Authority is helping with the Hong Kong Deposit Protection Board's review. ...

  3. Central Bank governor in HK next week

    Posted Sep 09th 2003, 12:00am by Gary Cheung

    ... The central bank governor will meet monetary regulators in Hong Kong next week amid heated discussions on introducing renminbi deposit-taking services in the city. A spokesman for the Hong ... Tang Ying-yen urged central government officials to allow Hong Kong banks to offer as soon as possible services covering deposits, exchange, remittances and credit cards in yuan. He said ...

  4. Chongqing rural bank's shares slide further 6.6pc

    Posted Apr 18th 2012, 12:00am

    ... lending by 1.3 billion yuan (HK$1.6 billion) last year. Chongqing Rural Bank is the largest bank in terms of total assets and total deposits in the city, according to government statistics. ... May Chan may.chan@scmp.com Reeling from the city's anti-graft investigations, Chongqing Rural Commercial Bank stocks continued to slide yesterday, closing down 6.6 per cent ...

  5. Estate powers retained

    Posted Jun 21st 2005, 12:00am by Dennis Eng

    ... estate duty is also expected to alter the way estates are administered. Banks may become exempt from liability for the contents of a deceased's safe deposit box. ...

  6. Payouts likely to be made via bank accounts

    Posted Mar 05th 2011, 12:00am by Gary Cheung

    ... Gary Cheung and Fanny W. Y. Fung The government may distribute the HK$6,000 cash handout through personal bank accounts because of lower administrative costs, a person familiar ... recipients' own bank accounts because of lower costs. 'To avoid duplicating disbursement to people with more than one bank account, government departments, such as the Immigration Department, ...

  7. Official accused over foreign bank accounts

    Posted Apr 13th 2007, 12:00am by Ting Shi

    ... Ting Shi An official from a booming Beijing district went on trial on Wednesday accused of taking bribes and concealing deposits in overseas bank accounts, the Beijing Times reported. Xing ... of more than 2 million yuan and putting another 2 million yuan in overseas banks without reporting to supervisory authorities. Government officials who fail to report their overseas bank accounts ...

  8. Bank run after Rebar collapse seen as lack of trust in Chen

    Posted Jan 22nd 2007, 12:00am by Lawrence Chung

    ... Lawrence Chung in Taipei Thousands of jittery depositors braved the cold weather to line up in front of the Chinese Bank's 35 branch offices across Taiwan this month to withdraw their savings, fearing a widening financial crisis might force the bank to close. 'I don't trust Chen Shui-bian's government, and that's why I wanted to take all of my deposits ...

  9. Reformer Koizumi waits for his red-letter day

    Posted Sep 11th 2005, 12:00am by Julian Ryall

    ... companies. Funds held in deposits and savings accounts stood at 214 trillion yen ($15 trillion) as of March 31, compared with a combined 276.5 trillion yen at Japan's four main banks, Mizuho ... there is so much opposition and fear at the local level. Japan has had a history of banking crises, so by the government protecting deposits in the postal system it has grown into the largest ...

  10. Deposit forfeitures nearly double

    Posted Sep 09th 2008, 12:00am by Paggie Leung

    ... Paggie Leung The number of candidates or lists of candidates forfeiting their election deposits almost doubled from the 2004 election. A total of 17 individual candidates or teams- 15 from the geographical constituencies and two from the functional constituencies- lost their election deposits this year because they won less than 3 per cent of the valid votes cast in their constituencies. ...




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