Ghana Deposit
Protection Corporation

Phone: (+233) 302 779 933, 0571 900 900

   News/Events

About GDPC

 

Ghana Deposit Protection Corporation

The Ghana Deposit Protection Corporation was established by the Ghana Deposit Protection Act, 2016 (Act 931) which was enacted on the 11th of October 2016. The Act applies to Banks and Specialised Deposit –Taking Institutions licensed by the Bank of Ghana. The Act provides the framework for the establishment of the Deposit Protection Scheme, the Deposit Protection Fund, and the Deposit Protection Corporation. The object of the Act is to: 

  1. Protect small depositors from loss incurred by depositors as a result of the occurrence of an insured event;
  2. Support the development of a safe, sound, efficient and a stable market-based financial system in Ghana. 

Vision 

To be a reliable and efficient Deposit Protection Scheme that is responsive to the needs of the Depositor.

Mission 

To build and sustain confidence in the banking system by ensuring protection and making prompt payment to the depositor

Core Values

 

  • Integrity- We exhibit consistent moral and ethical standards, striving to do the right thing and treating relationships well.
  • Professionalism – We are highly competent and skilled and demonstrate excellence and confidentiality in our work.
  • Responsiveness – We are proactive in our work, anticipating the needs of the industry and coming up with innovative solutions.
  • Teamwork – We provide an environment of open communication, collaboration and support each other in our work.
  • Results-Oriented – We set clear objectives knowing which results are important and focus our resources to achieve them.

WHAT IS THE OBJECTIVE OF THE SCHEME?

The Scheme seeks to promote trust and confidence in the financial system by protecting the small saver from the loss of his deposits. The Scheme also seeks to establish a safe, sound and efficient financial system in Ghana.

WHAT IS THE GHANA DEPOSIT PROTECTION CORPORATION?

The Ghana Deposit Protection Corporation (the Corporation or GDPC) is a corporate body set up by law to manage the Scheme efficiently and effectively in line with the law and international best practice. It is a corporate legal entity with a governing Board and members of staff.

HOW DO I IDENTIFY A MEMBER OF THE SCHEME?

A bank or Specialized Deposit-Taking Institution shall have to display a copy of the Certificate of Membership at a conspicuous place at the office of the bank or Specialized Deposit-Taking Institution, and at each branch office, agency or outlet of the 

Ghana Deposit Protection Corporation

The Ghana Deposit Protection Corporation was established by the Ghana Deposit Protection Act, 2016 (Act 931) which was enacted on the 11th of October 2016. The Act applies to Banks and Specialised Deposit –Taking Institutions licensed by the Bank of Ghana. The Act provides the framework for the establishment of the Deposit Protection Scheme, the Deposit Protection Fund, and the Deposit Protection Corporation. The object of the Act is to: 

  1. Protect small depositors from loss incurred by depositors as a result of the occurrence of an insured event;
  2. Support the development of a safe, sound, efficient and a stable market-based financial system in Ghana. 

Vision 

To be a reliable and efficient Deposit Protection Scheme that is responsive to the needs of the Depositor.

Mission 

To build and sustain confidence in the banking system by ensuring protection and making prompt payment to the depositor

  • Integrity- We exhibit consistent moral and ethical standards, striving to do the right thing and treating relationships well.
  • Professionalism – We are highly competent and skilled and demonstrate excellence and confidentiality in our work.
  • Responsiveness – We are proactive in our work, anticipating the needs of the industry and coming up with innovative solutions.
  • Teamwork – We provide an environment of open communication, collaboration and support each other in our work.
  • Results-Oriented – We set clear objectives knowing which results are important and focus our resources to achieve them.

WHAT IS THE OBJECTIVE OF THE SCHEME?

The Scheme seeks to promote trust and confidence in the financial system by protecting the small saver from the loss of his deposits. The Scheme also seeks to establish a safe, sound and efficient financial system in Ghana.

WHAT IS THE GHANA DEPOSIT PROTECTION CORPORATION?

The Ghana Deposit Protection Corporation (the Corporation or GDPC) is a corporate body set up by law to manage the Scheme efficiently and effectively in line with the law and international best practice. It is a corporate legal entity with a governing Board and members of staff.

HOW DO I IDENTIFY A MEMBER OF THE SCHEME?

A bank or Specialized Deposit-Taking Institution shall have to display a copy of the Certificate of Membership at a conspicuous place at the office of the bank or Specialized Deposit-Taking Institution, and at each branch office, agency or outlet of the 

 

To be a reliable and efficient Deposit Protection Scheme

that is responsive to the needs of the Depositor.

 

 

 

About GDPC

Ghana Deposit Protection Corporation

The Ghana Deposit Protection Corporation was established by the Ghana Deposit Protection Act, 2016 (Act 931) which was enacted on the 11th of October 2016. The Act applies to Banks and Specialised Deposit –Taking Institutions licensed by the Bank of Ghana. The Act provides the framework for the establishment of the Deposit Protection Scheme, the Deposit Protection Fund, and the Deposit Protection Corporation. The object of the Act is to: 

  1. Protect small depositors from loss incurred by depositors as a result of the occurrence of an insured event;
  2. Support the development of a safe, sound, efficient and a stable market-based financial system in Ghana. 

Vision 

To be a reliable and efficient Deposit Protection Scheme that is responsive to the needs of the Depositor.

Mission 

To build and sustain confidence in the banking system by ensuring protection and making prompt payment to the depositor

Read More

 

Coverage

The Ghana Deposit Protection Corporation is a corporate entity established under the Act to manage the Scheme. The main functions of the Corporation include:

  1. To determine the levels of insurance premiums and to collect insurance premiums from members of the scheme
  2. To set coverage limits
  3. To pay off insured depositors
  4. To collaborate with International Deposit Insurance bodies
  5. To invest the moneys in the protection fund in securities approved by the Board.
  6. To borrow money to ensure attainment of the objectives of the scheme (Not borrow from members)

 

   Gallery

About GDPC

Ghana Deposit Protection Corporation

The Ghana Deposit Protection Corporation was established by the Ghana Deposit Protection Act, 2016 (Act 931) which was enacted on the 11th of October 2016. The Act applies to Banks and Specialised Deposit –Taking Institutions licensed by the Bank of Ghana. The Act provides the framework for the establishment of the Deposit Protection Scheme, the Deposit Protection Fund, and the Deposit Protection Corporation. The object of the Act is to: 

  1. Protect small depositors from loss incurred by depositors as a result of the occurrence of an insured event;
  2. Support the development of a safe, sound, efficient and a stable market-based financial system in Ghana. 

Vision 

To be a reliable and efficient Deposit Protection Scheme that is responsive to the needs of the Depositor.

Mission 

To build and sustain confidence in the banking system by ensuring protection and making prompt payment to the depositor

Core Values

  • Integrity- We exhibit consistent moral and ethical standards, striving to do the right thing and treating relationships well.
  • Professionalism – We are highly competent and skilled and demonstrate excellence and confidentiality in our work.
  • Responsiveness – We are proactive in our work, anticipating the needs of the industry and coming up with innovative solutions.
  • Teamwork – We provide an environment of open communication, collaboration and support each other in our work.
  • Results-Oriented – We set clear objectives knowing which results are important and focus our resources to achieve them.

 

WHAT IS THE OBJECTIVE OF THE SCHEME?

The Scheme seeks to promote trust and confidence in the financial system by protecting the small saver from the loss of his deposits. The Scheme also seeks to establish a safe, sound and efficient financial system in Ghana.

WHAT IS THE GHANA DEPOSIT PROTECTION CORPORATION?

The Ghana Deposit Protection Corporation (the Corporation or GDPC) is a corporate body set up by law to manage the Scheme efficiently and effectively in line with the law and international best practice. It is a corporate legal entity with a governing Board and members of staff.

HOW DO I IDENTIFY A MEMBER OF THE SCHEME?

A bank or Specialized Deposit-Taking Institution shall have to display a copy of the Certificate of Membership at a conspicuous place at the office of the bank or Specialized Deposit-Taking Institution, and at each branch office, agency or outlet of the