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OECD notes Kiwi bank depositors get protection

Tuesday 8th of February 2022

The money Kiwis put into banks is getting better protection, according to the OECD.

This is despite its view that a pending deposit insurance scheme is tepid by world standards.

The OECD's report, launched last week, gave the Government good marks on Covid, but bad marks on inflation and housing costs.

It then went on to discuss the safety of the banking system, whic...

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