The Deposit Insurance Corporation (DIC) was established by the Central Bank and Financial Institutions (Non-Banking) (Amendment) Act, 1986. The DIC plays a critical role in contributing to the continued stability of Trinidad and Tobago’s financial system as a whole. Its main function is to manage a Fund to provide insurance protection for depositors against the potential loss of their deposits should a member financial institution fail.
|On the 5th November, 2012 the Deposit Insurance Corporation (DIC) celebrated its 25th Anniversary.|
|20th Anniversary||Vision and Mission|
|On the 17th September, 2006 the Deposit Insurance Corporation (DIC) celebrated its 20th Anniversary.||The Deposit Insurance Corporation’s Vision and Mission statements.|
|Board of Management||Roles and Functions|
|Learn about the DIC’s board of management.||The DIC insures depositors in all institutions licensed to operate under the Financial Institutions Act 2008.|
|The DIC receives its powers and responsibilities from a number of laws which govern both its operations as well as the management of the Fund for which it has oversight.|