UPDATE 1-Light touch seen for new Chinese deposit insurance scheme

April 3, 2015 6:02 AM

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BEIJING, April 3 (Reuters) - China's recently launched deposit insurance scheme is unlikely to be a burden on banks, charging much lower premiums than are levied in other countries, deputy central bank governor Pan Gongsheng said on Friday.

Addressing reporters in Beijing, Pan said the scheme would have a "light" impact on banks, and that it would not favour small banks in attracting deposits.

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