How does the DPF compute and collect the Risk Adjusted Premiums?

  • If DPF ascertains that the affairs of a contributing institution are being conducted in a manner which is detrimental to the interests of depositors, it may, by notice, increase the contributions of that contributing institution beyond the annual contribution stated above.
  • The increased contributions are referred as Risk Adjusted Premiums. These are based on the quarterly ratings resulting from the BoU’s quarterly off-site financial analysis reports.
  • A Contributing institution whose overall performance shows an unsatisfactory or marginal rating shall be charged on a quarterly basis as follows:

 Marginal: additional charge of 0.1 percent of the average weighted deposit liabilities on top of the annual contribution.

 Unsatisfactory: additional charge of 0.2 percent of the average weighted deposit liabilities on top of the annual contribution