Dear Customer,

Government of Pakistan vide its notification No F. 22(36)/2015/-Legis dated August 13,2018 promulgated the Deposit Protection Corporation Act 2016 (The Act) .Consequently, Deposit Protection Corporation was established as wholly owned subsidiary of the State Bank of Pakistan (SBP).

The main objective of establishment of Deposit Protection Corporation is to compensate the small depositors for losses incurred by them in event of failure of member financial institution as notified by SBP under sub section 1 of Section 21 of DPC Act.   

Deposit Protection Corporation vide its DPC Circular 3 dated June 22, 2018 notified  the list of member institution. 

Link of circular issued by Deposit Protection Corporation is enclosed for ready reference and understanding, 

http://www.sbp.org.pk/press/2018/PR1-22-Jun-18.pdf
http://www.sbp.org.pk/DPC/2018/C2.pdf
http://www.sbp.org.pk/DPC/2018/C3.pdf
http://www.sbp.org.pk/DPC/2018/C4.pdf
Act-2016-DPC-NationalAssemblySec