What is DIS?
Deposit Insurance Systems is an institutional initiative to protect depositors against the loss of their deposits in the event that a scheduled bank goes into liquidation.
What are the objectives of Deposit Insurance Systems (DIS)?
The important objectives of DIS are:
Protect small depositors
Enhance public confidence
Enhance stability of the financial system
Increase savings and encourage economic growth
Enhancing more propitious bank services
When DIS was introduced in Bangladesh?
In Bangladesh Deposit Insurance was introduced in August, 1984.