Ghana Deposit Protection Corporation

The Ghana Deposit Protection Corporation was established by the Ghana Deposit Protection Act, 2016, Act 931,as amended. The Act provides the framework for the establishment of the Deposit Protection Scheme, the Deposit Protection Fund, and the Ghana Deposit Protection Corporation.

The Ghana Deposit Protection Corporation (GDPC) is mandated to manage the Deposit Protection Scheme efficiently and effectively towards the attainment of the following:

  1. To protect a small depositor from loss incurred by the depositor as a result of the occurrence of an insured event;
  2. To support the development of a safe, sound, efficient and a stable market-based financial system in Ghana by ensuring prompt payouts to insured depositors on the occurrence of an insured event.
The Ghana Deposit Protection Corporation is a member of the International Association of Deposit Insurers (IADI).

Read More

Core Values

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

To be a reliable and efficient Deposit Protection Scheme

that is responsive to the needs of the Depositor.


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)