Deposit insurance has been underwritten since 1st October, 2011 so that people do not lose the deposit at the banks, banks can obtain more deposit by creating the people’s trust in banks, increase the capacity of granting more loans in parallel and then increase their income. It is the banks that take out the insurance for those who deposit from Ks. 100,000/- to Ks. 1,000,000/- per head. The premium rate is 0.12%. In case of bankruptcy, Myanma Insurance will indemnity the depositors directly or through the banks up to 60% of the sum insured. The insurance period is 1 year.
379088, 384865, 252372, 246902
384881, 384876, 386919
384870, 384868
379188
251764, 384874, 384867
251761
384864, 384873
