MARAC accepted into extended guarantee scheme
MARAC Finance has been approved under the extended Retail Deposit Guarantee Scheme.
The extended scheme covers deposits by eligible investors through to December 31, 2011 and will assist in ensuring an orderly exit from the Crown Guarantee scheme for government, investors, and issuers.
MARAC is one of the first finance companies to be approved under the guarantee.
Whilst the extended guarantee will provide investors with comfort, MARAC is confident it has the strength to stand on its own, chief executive Jeff Greenslade...MORE»
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