Deposit Insurance Fund Now at $26 Billion
The Jamaica Deposit Insurance Corporation (JDIC) recently said that the build-up of funds secured to provide protection for the depositors [...]
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Deposit-taking financial institutions regulated and supervised by the Bank of Jamaica are members of the Deposit Insurance Scheme. There are 8 Commercial Banks, 2 Building Societies, and 1 Merchant Bank. All member institutions are issued with a Policy of Deposit Insurance, as well as Certificates of Deposit Insurance which must be prominently displayed at all locations.
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The Jamaica Deposit Insurance Corporation (JDIC) recently said that the build-up of funds secured to provide protection for the depositors [...]
READ MOREChairperson of the Jamaica Deposit Insurance Corporation (JDIC), Myrtle Halsall, says that all JDIC-insured financial institutions remain solvent and adequately [...]
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