International Herald Tribune, 15 Oct 2008, The Associated Press
SINGAPORE: Singapore's central bank suggested it may guarantee bank deposits after regional financial rival Hong Kong pledged to back all deposits for the next two years.
"We will take the necessary steps to ensure that banks in Singapore are not disadvantaged and are able operate on an equal footing with other banking systems internationally," the bank, which is known as the Monetary Authority of Singapore, said in a statement late Tuesday
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