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19 March, 2022

Deposit insurance Scheme

 Deposit Insurance Scheme (DIS) is now protecting your Deposits in the Bank and insurance benefits in the unlikely event of a number of Banks. Deposit insurance Scheme is a system established by the Government of Bangladesh to protect depositors against the loss of their deposits in the event that a scheduled bank is unable to meet its obligations.

A sound, competitive banking system is important to a nation's economic strength. Every scheduled Bank plays an important role as the intermediation of funds from depositors to consumers and investors as well as in the transmission of monetary policy.

 

Objectives of DIS: The Significant objectives of Deposit Insurance Systems in Bangladesh, like in all other countries, are a contribution to the overall financial stability. Moreover, the followings are the special objectives of Deposit Insurance Systems in Bangladesh:

 

·     Protect small depositors,

·     Enhance public confidence,

·     Enhance stability of the financial system,

·     Increase savings and encourage economic growth,

-    Enhancing more propitious bank services.