IMF considers making banks get insurance against failure
China Daily | Updated: 2009-11-10 09:09
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Sri Mulyani Indrawati (left), Indonesia's finance minister, sits with Managing Director of the International Monetary Fund Dominique Strauss-Kahn (center), and Mario Draghi, governor of the Bank of Italy, during the G20 Finance Ministers summit held at the Fairmont Hotel in St Andrews, Scotland. Bloomberg News |
PARIS: The International Monetary Fund is exploring the idea of making banks pay insurance fees to fund any future rescues in the sector, IMF managing director Dominique Strauss-Kahn said on Sunday.
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