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Bankowość · 01/08/2006

FDIC Imposes Six-Month Moratorium on Industrial Loan Company Applications and Notices

The FDIC Board of Directors has announced a six-month moratorium on reviewing applications for deposit insurance from industrial loan companies, industrial banks, and similar institutions, effective immediately, in an effort to ensure the stability of the financial system.

Source: Federal Register — Federal Deposit Insurance CorporationOpen original release →