KUALA LUMPUR: The deposit insurance limit will be increased to RM250,000 per depositor per bank with effect from Friday, Dec 31, 2010 and this will protect 99% of retail depositors in full.
PIDM is the government agency mandated by Parliament to protect depositors against the loss of their funds in the event of a member bank failure.
http://www.theedgemalaysia.com/business-news/179416-pidm-new-deposit-insurance-limit-of-rm250000-effective-jan-1.html
**we are safe!!!
dont worry that the bank run will happen in Malaysia...
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