Who we are and what we do
The Deposit and Savings Insurance Fund of Tajikistan (the Fund) was established in 2004 as the Individuals’ Deposit Guaranty Fund (IDGF). In 2011, following the structural changes and a revision of the Law “On Individuals’ Deposit Insurance”, the Fund became the legal successor to the IDGF. In 2023, amendments to the law expanded the scope and level of coverage – now, the Fund also covers small businesses and non-profit organizations.
The Fund is a non-profit legal entity, operating with an independent balance sheet and its own seal. It acts under the Law of the Republic of Tajikistan “On Deposit and Savings Insurance” and its Charter. Our core objective is to protect the rights and legitimate interests of depositors by providing insurance compensation and by enhancing public trust in the banking system of the Republic of Tajikistan.
To protect depositors’ funds and savings against the risk of bank bankruptcies, the Fund ensures the effective operation of the Deposit and Savings Insurance System (DIS). In the event of the occurrence of an insurance case at a member credit institution, the Fund is obligated to compensate depositors for their insured funds, up to the deposit coverage limit.
Banks and microcredit deposit organizations that are members of the Fund are listed in the register of credit institutions of the DIS and hold a membership certificate. Deposit and savings insurance is provided by the Fund and the credit institutions, with no costs for depositors, as the credit institutions and the Fund cover all insurance expenses.
Our Mission, Vision, and Values
To protect depositors against the risk of bank bankruptcies
To be an effective deposit insurance organization, fulfilling its mission with high international standards
Social orientation • Transparency • Professionalism • Integrity • Financial responsibility
Why the Fund Matters
How the Fund Operates
- Operates under the Law “On Deposit and Savings Insurance”.
- Governed by a Supervisory Board composed of key financial authorities.
- Funded by regular premiums from member credit institutions.
- Invests assets in line with the principles of safety, liquidity, and profitability.
- Pays insurance compensation promptly to depositors in the event of an insurance case.
DIS Essentials
The Deposit and Savings Insurance System (DIS) is designed to protect depositors from the risk of losing their insured savings by providing compensation if a credit institution encounters solvency issues and faces liquidation. One of its primary goals is to minimize panic and social tension among the public, as well as to prevent the spread of financial problems from one credit institution to another when an insured event occurs.
The deposit insurance system, combined with prudential regulation, liquidity support as a last-resort lender, and the resolution of credit institutions, establishes a financial safety net to ensure stability in the financial system.