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The DIC engages in community outreach activities that take the form of voluntary activity and contribute to the social and environmental well-being of communities and, by extension, our country.
Guided by the findings and recommendations of the market research, the DIC makes every effort to keep Stakeholders aware and informed about the DIC.
The Deposit Insurance Corporation's (DIC) Public Policy Objectives serves the public good by highlighting our role in the protection of depositors, and outlines our contribution to the stability of the financial system in Trinidad and Tobago.
Let’s take a closer look at the regional deposit insurance landscape.
The DIC, from its inception in 1986 to present, has liquidated a total of nine MIs, the most recent being CLICO Investment Bank Limited, one of the largest liquidations in the Republic of Trinidad & Tobago.
A depositor, can obtain a maximum of TT$375,000, assuming they maintain deposits in all 3 rights and capacities at a member institution prior to failure.
The Deposit Insurance Premium represents a key source of the funding for the Deposit Insurance Corporation (DIC), which functions as an ex ante system.