The Deposit Protection Fund of Uganda (DPF) is a Ugandan government agency that provides deposit insurance to depositors in Ugandan Banks, Credit Institutions and Microfinance Deposit-taking Institutions (MDIs).
Uganda Hosts ARC Conference
The Deposit Protection Fund of Uganda (DPF) and Bank of Uganda hosted the International Association of Deposit Insurers (IADI) – Africa Regional Committee (ARC) Conference on the theme; ‘Why Deposit Insurance’.
The Conference was officiated by Honourable Minister of Finance, Planning and Economic Development (MoFPED) of the Republic of Uganda, Hon. Matia Kasaija (MP) held at the Lake Victoria Serena Golf Resort & Spa from September 15–19, 2019.
The event attracted policy makers and deposit insurers from twenty seven (27) Africa countries, together with representatives from IADI, International financial organizations development partners and academia.
The main purpose of the Conference was to share regional and global experiences on how effective deposit insurance schemes contribute to enhanced public confidence in the financial sector and ultimately financial stability. See Details: Speeches, Presentations, photos & Video Highlights.
Deposit Protection Fund of Uganda (DPF)
Releases Annual Report 2017/18
The Deposit Protection Fund of Uganda (DPF) has released the Annual Report and Financial Statements for the Financial Year 2017/2018.
The key highlights of financial performance are as follows:
- Total assets increased by UGX 83 billion, from UGX 500 billion to UGX 583 billion registered as at June 30, 2017 and June 30, 2018 respectively.
- The growth in assets was largely financed by ‘fund capital’ which increased from UGX 460 billion in June 2017 to UGX 538 billion in June 2018, on account of profits derived from investments and contributions from financial institutions.
- In line with the key objective of preserving capital and maintaining adequate liquidity levels, 95 percent of the Fund’s assets were held in Government of Uganda treasury bills and treasury bonds.
For more details, please download the full report.