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.