ID :
71635
Thu, 07/23/2009 - 08:47
Auther :
Shortlink :
https://oananews.org//node/71635
The shortlink copeid
HONG KONG, S'PORE, M'SIA TO WORK ON EXIT STRATEGY FOR FULL DEPOSIT GUARANTEE
KUALA LUMPUR, July 22 (Bernama) -- The central banks of Hong Kong, Singapore and Malaysia will map out a coordinated strategy for the scheduled exit from the full deposit guarantee by end of next year.
Central Bank of Malaysia, the Monetary Authority of Singapore and the Hong
Kong Monetary Authority, in a joint statement here Wednesday, said they would
establish a tripartite working group for the purpose.
The decision was made at the 14th Executives' Meeting of East Asia-Pacific
Central Banks (EMEAP) recently.
The EMEAP is a cooperative organisation of central banks and monetary
authorities in the East Asia and Pacific region.
-- BERNAMA
Central Bank of Malaysia, the Monetary Authority of Singapore and the Hong
Kong Monetary Authority, in a joint statement here Wednesday, said they would
establish a tripartite working group for the purpose.
The decision was made at the 14th Executives' Meeting of East Asia-Pacific
Central Banks (EMEAP) recently.
The EMEAP is a cooperative organisation of central banks and monetary
authorities in the East Asia and Pacific region.
-- BERNAMA
