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Do some creditors rank higher than others in terms of voting rights?

Do some creditors rank higher than others in terms of voting rights?

Deposit Insurance Corporation •November 24, 2017

All creditors rank equally in terms of voting rights.

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Do some creditors rank higher than others in terms of distribution?

Can the Liquidator communicate directly with the creditors?

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Frequently Asked Questions

Are any other cash liabilities of financial institutions covered?
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Misconception: Deposit insurance can be claimed while the member institution is still continuing in operation. - Fact: Deposit insurance is ONLY activated upon closure of a member institution.

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