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What Is Deposit Insurance For Fds? |
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Answer» Explicit Deposit Insurance is a measure implemented in many countries to PROTECT bank depositors, in FULL or in PART, from losses caused by a bank's inability to pay its debts when due. Deposit insurance systems are ONE COMPONENT of a financial system safety net that promotes financial stability. Explicit Deposit Insurance is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank's inability to pay its debts when due. Deposit insurance systems are one component of a financial system safety net that promotes financial stability. |
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