• Enhance Depositors Confidence
  • Develop and Improve a System for Payment of Insured Deposits
  • Increase Public Awareness
  • Enhance Financial Performance
  • Improve Efficiency of Processes
  • Build Strategic partnerships
  • Improve Board and Staff Knowledge and skills


  • To contribute to financial stability through building depositor confidence by ensuring that depositors are paid in time in the event of failure of a Contributing Institution.
  • To act as a receiver or liquidator of any closed Contributing Institution if appointed by Bank of Uganda.
  • To perform other functions as conferred upon it by the law.