How safe is your Bank Fixed Deposit?

How safe is your Bank Fixed Deposit

Most people consider their bank fixed deposits extremely safe but some recent events in Cyprus (an euro zone country) bust this myth of safety of bank deposits. The Cyprus government has decided to use the depositors’ money in bank account to pay off its debts. Deposits greater than €100,000 were frozen by the government but […]

How safe is your Bank Fixed Deposit? Read More »