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Proposed Cyprus bank tax has no impact on Malaysian market
by Cals Thu 21 Mar 2013, 01:46
Proposed Cyprus bank tax has no impact on Malaysian market
Business & Markets 2013
Written by Shalini Kumar of theedgemalaysia.com
Wednesday, 20 March 2013 18:40
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KUALA LUMPUR (Mar 20): The recently proposed tax on bank depositors in Cyprus, Greece will have no impact on the Malaysian market, said Bank Negara Malaysia governor Tan Sri Datuk Dr Zeti Akhtar Aziz.
Speaking to reporters during the central bank's annual report briefing, she said the Malaysian market is mature enough to absorb the implications of these developments.
However, according to latest news updates today, the proposal has been rejected by the Cypriot government.
Business & Markets 2013
Written by Shalini Kumar of theedgemalaysia.com
Wednesday, 20 March 2013 18:40
A + / A - / Reset
KUALA LUMPUR (Mar 20): The recently proposed tax on bank depositors in Cyprus, Greece will have no impact on the Malaysian market, said Bank Negara Malaysia governor Tan Sri Datuk Dr Zeti Akhtar Aziz.
Speaking to reporters during the central bank's annual report briefing, she said the Malaysian market is mature enough to absorb the implications of these developments.
However, according to latest news updates today, the proposal has been rejected by the Cypriot government.
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