Who are covered by the Deposit Protection Fund?

How is the DPF funded?

Annual Premium. All contributing institutions make an annual premium payment to the DPF. Investment Income. The contributions are invested in risk free Government of Uganda treasury instruments and this helps to increase the fund size.  

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What is a contributing institution?

A contributing institution is one which is licensed by Bank of Uganda and periodically makes a financial contribution to the DPF. ¬†These include: Commercial Contributing Institutions, Micro finance Deposit Taking Institutions and Credit Institutions.    

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What is the mandate of the DPF?

To contribute to financial sector stability by ensuring that protected deposits are paid on time in the event of failure of a contributing institution, hence building public confidence in the financial sector. To act as a receiver or liquidator of…

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