What is the deposit and savings insurance system?

The deposit and savings insurance system is a state protection of the rights and legitimate interests of depositors, aimed at the payment of insurance compensation to depositors by the Fund in the event of an insured event in a credit institution.

The purpose of the deposit and savings insurance system is to help ensure the stability of the financial system of the Republic of Tajikistan, including maintaining public confidence in the banking system.

The issues of depositors’ deposits and savings insurance are regulated by the Law of the Republic of Tajikistan “On Insurance of Deposits and Savings”.

To ensure the functioning of the deposit and savings insurance system, the Deposit and Savings Insurance Fund of Tajikistan operates.

The Fund is a non-profit legal entity that, in accordance with the Law, protects the rights and legitimate interests of depositors by paying insurance compensation.

The Fund pays insurance compensation to depositors upon occurrence of an insured event within the amount established by the Law, maintains a register of credit institutions participating in the deposit and savings insurance system, collects and records payments from credit institutions, and performs other functions stipulated by the Law.

The objectives of the Fund are:

— protection of the rights and legitimate interests of depositors by paying insurance compensation;

— ensuring the functioning of the deposit and savings insurance system and promoting the stability of the financial system in the Republic of Tajikistan;

— strengthening public confidence in the banking system of the Republic of Tajikistan.


Individual savings insurance system