Deposit-taking co-operative
id:
deposit-taking-co-operative-258-16341505
title:
Deposit-taking co-operative
text:
Deposit-taking co-operatives were a form of non-banking financial company (NBFC) in Malaysia. It started with Chinese Society but later several Malay co-operatives were set up. Some became insolvent which led to a run on banks in 1986. The Cooperative Central Bank and 23 other deposit-taking co-operatives had their assets frozen by the Malaysian central bank, Bank Negara Malaysia. Their crash caused a major political crisis when the government was requested to bail out risk-taking investors. The
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Deposit-taking_co-operative
date created:
date modified:
2023-09-25T09:29:08Z
main entity:
{"identifier":"Q5260773","url":"https://www.wikidata.org/entity/Q5260773"}
image:
fields total:
13
integrity:
13