THE Deposit Protection Corporation (DPC) says about US$25 million is needed to fully compensate the People’s Own Saving Bank (POSB) depositors for value loss.
Advertisements
The government provided US$400 000 through Kuvimba Mining House to make up for the value loss suffered by small depositors as a result of the exchange rate movement as of February 20
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
Login if you have purchased