You are an ‘Unsecured Creditor’ to the Banks, Get Ready for Bail-ins

Posted by Sean on 9th January 201628th October 2024

Did You know You are Now an Unsecured Creditor, Get Ready for Bail-ins

9 January 2016

Now is a good time to face the coming corporate asset removal from your bank accounts in the now infamous banking bail-in strategy. The real cost of the Cyprus bail-in to unsecured creditors (bank account holders) was 83%.

Further Study
UK Bail-in Protocol
Finance