Do you trust Private Banks ?

Canada
February 11, 2007 11:18pm CST
Now a days more and more peoples are moving towards private banks due to their fast services and just forgeting about the safetly of their money. What is your choice private banks or public bank ? I beleive in public govt. banks due to safetly of money.
3 responses
@kritipen (4082)
• United States
21 Feb 07
Public banks are always asafer than the private banks obviously because they are handled by the government. But i am not skeptical about all the privatebanks though. Some of them do a pretty good job. But choosing which bank is credible enough is a pretty tough job. I have my money deposited in some private banks also.
• Pakistan
12 Feb 07
Money -  It is Importants
Well I prefer Private Banks THey Are safe tooo. Their Services are great they also provide lot of convinience and also star schemes for their members from time to time.....
• Indonesia
12 Feb 07
I believe in both of them if they have good performance like CAR, etc. I'd more than 5 account at different bank. Some of them are public and the others are private. No problem.