wah mini bank run ah lol
Now you learn it the hard way. One market one price. 4-5% p.a. doesn't come cheap.
There is a reason why they can offer above market rates - it's because they are riskier lol
Digital bank Rize, By Al Rajhi Bank
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 Dec 1 2023, 01:52 PM
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Senior Member
8,667 posts Joined: Aug 2019 From: Penang <-> Singapore  
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Dec 1 2023, 02:03 PM
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Senior Member
8,667 posts Joined: Aug 2019 From: Penang <-> Singapore
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QUOTE(ASoulNamedLeo @ Dec 1 2023, 01:54 PM) Did PIDM ever took over a bank-run bank before? PIDM was set up in 2005. The last bank run in Malaysia was in 1999. The bank involved was MBf Finance (today rebranded as AmFinance). https://en.wikipedia.org/wiki/List_of_bank_runs#1990s https://www.nytimes.com/1999/01/05/business...in-control.html So, the answer to your question should be no. |
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