JODIC's Objectives
 
JODIC's key objectives are to implement and manage an explicit- limited deposit insurance scheme in order to protect depositors as well as JODIC's resources.
      

The Corporation's main objectives are:
 
  • To provide full protection for the vast majority of depositors.
  • To exhibit a high level of financial operational capacity and readiness, and build up an appropriate level of reserves.
  • To manage the reimbursement and liquidation processes efficiently and effectively.
  • To contribute in increasing awareness of risk management in banking sector.
  • To promote public awareness of deposit insurance system in the Kingdom.