KUALA LUMPUR: The Malaysia Deposit Insurance Corporation (PIDM) expects revenue of RM585 mil in its financial year (FY) 2017 and has budgeted operating expenses of RM120mil, with a projected net surplus of RM465mil.
It said by end-2017, the surpluses in its Deposit Insurance Funds (DIFs) and the Takaful and Insurance Benefits Protection Funds (TIPFs) would total RM2.01bil and RM1.54bil respectively.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
