Public Policy Objectives
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DPC's Public Policy Objectives
In line with international best practice, the Deposit Protection Corporation (DPC) aims at meeting a number of objectives which include the following;
- Protection of depositors by providing compensation in the event of failure of a member institution.
- Contributing to the stability of Zimbabwe’s financial system.
- Enhancing public confidence in the financial system by establishing a framework for the resolution of failing or failed member institutions.
- Administering the Deposit Protection Fund.
- Enhancing competition in the financial sector by creating a level playing field through guaranteeing depositor reimbursements for both big and small member institutions.
DPC's Mandate
Besides compensating depositors in the event of a bank failure, DPC actively participates in the resolution of failing or failed member institutions and liquidation of closed banks.