DPC mulls coverage reviews

The Deposit Protection Corporation Amend­ment Bill establishes a dedicated insolvency and crisis management framework for banking institu­tions, addressing a legal gap left by the Insolvency Act.

THE Depositors Protection Corporation (DPC) has engaged actuarial consultants to review the deposit protection cover level, a process which is expected to be completed in time for revision of cover­age levels this year. The deposit protection coverage levels for commercial banks, US$ de­nominated deposits, and deposit-taking microfinance institutions remained un­changed in 2025. Unadjusted limits reduce…

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