Deposit Protection Corporation

Verified
Listing
Company name
Deposit Protection Corporation
Address
Evelyn House, 26 Fife Avenue/Cnr Blakiston Street, P.O.Box 7390, Harare, Harare, Zimbabwe
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Phone Number
+263 4 250900/1
+263 4 252336/460
+263 4 255661/674
Mobile phone
+263 716 801 310
Fax
+263 4 252337
Working hours
Monday: 08:00am - 4:30pm  See All
Establishment year 2003
Employees 26-50
Company manager John M. Chikura (CEO)

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Questions & Answers

Good day, may i have the email address i can send CVz to for graduate learner-ship program

Company Details

Location map
Evelyn House, 26 Fife Avenue/Cnr Blakiston Street, P.O.Box 7390, Harare, Harare, Zimbabwe Get Directions
Description
The Deposit Protection Fund is established under Section 13 of the Deposit Protection Corporation Act [Chapter 24:29]. The primary objective of the Fund is to compensate depositors in full or in part, for losses incurred in the event of insolvency of a contributory institution. The Fund is vested in and administered by the Deposit Protection Corporation (DPC).
The Corporation commenced operations on the 1st of July 2003, and its primary objective is to provide deposit protection to depositors in institutions licensed to operate banking or finance business in Zimbabwe such as commercial banks, merchant banks, building societies, finance, houses, discount houses, Infrastructural Development Bank and Savings Banks (POSB)..
DPC plays a key role in contributing to the stability of the financial system and enhancing depositor confidence in the financial system by establishing a framework for the resolution of failing or failed banks.

Deposit protection is a free service for all bank depositors and no application forms are required as coverage is automatic on account opening.

In the event of a bank failure, DPC will compensate part or all of client’s deposits up to the current limit of $1,000 per depositor per bank. Deposit balances above the insurable amount of $1,000 will be paid through the liquidation process on a pro-rata basis.
Working hours
Monday:08:00am - 4:30pm
Tuesday:08:00am - 4:30pm
Wednesday:08:00am - 4:30pm
Thursday:08:00am - 4:30pm
Friday:08:00am - 4:30pm
Saturday:Closed
Sunday:Closed

Verified Business

Deposit Protection Corporation - company profile is confirmed by company owner / representative person / directory administrator.
Last update: February 2018 - View Status


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