Font Size: font plus font reset font minus

Home FAQ Why is deposit insurance important?
Why is deposit insurance important? Print

Knowing that your savings are protected against a failure makes one feel confident about keeping their savings in banks and other financial institutions that are BDIC members. This benefits the country as it helps to keep the Barbadian financial system strong.



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.