Mascot Finance Customers Covered by Deposit Guarantee Scheme
Page updated 2 Mar 2009
All eligible Mascot Finance depositors will get 100 per cent of the money they are entitled to under the Crown’s deposit guarantee scheme, Treasury Secretary John Whitehead said today.
Mascot Finance was placed under receivership today. It is the first financial institution approved under the deposit guarantee scheme to have triggered the guarantee since the scheme was established in October 2008.
See the full media statement by John Whitehead, Secretary to the Treasury: Mascot Finance customers covered by deposit guarantee scheme and Claims Process - Retail Deposit Guarantee Scheme.
