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Home About BDIC Our Mission & Vision
Mission & Vision Of The BDIC Print E-mail

The mandate of the Barbados Deposit Insurance Corporation is to:

  • Provide deposit insurance and contribute to the stability of the financial system for the benefit of depositors while minimising its exposure to loss.

The goals of the Barbados Deposit Insurance Corporation are to:

  • To protect small depositors from the risk of loss within the banking system in the event of institutional or systemic failure; and
  • To contribute to ensuring the soundness and stability of the financial system as the primary provider of deposit insurance within the country.
 
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Disclaimer

Please Note: This website is designed to give general information about deposit insurance and should not be relied upon as definitive. The actual deposit insurance coverage provided by BDIC following the failure of a member institution is based on the deposit account records at the failed member institution and is governed by the Deposit Insurance Act.