DPC compensates depositors from nine collapsed banks
“Deposit protection is designed to ensure that depositors do not lose their money when a banking institution fails, in so doing maintaining trust and stability within the financial system.”
By Musa Makina
20h ago
DPC cancels licences following landmark bank mergers
According to DPC, FBCBS ceased to be a member of the Deposit Protection Scheme following the cancellation of its operating licence on December 30, 2025.
By Business Reporter
Jan. 27, 2026
More funds for DPC as US$ premium income rise 74%
According to DPC, funding for the corporation is derived from premium levies, rentals, money markets and equity investment income.
By Tatira Zwinoira
Jun. 16, 2025
DPC eyes high-yielding asset classes in diversification drive
Established under the Deposit Protection Corporation Act, DPC serves as a safety net for depositors, compensating them in the event of a financial institution’s insolvency.
By Blessed Ndlovu
Mar. 14, 2025
DPC in fresh push to lure the unbanked
The opening of DPC’s new headquarters also coincided with institution receiving its ISO 9001:2015 quality management certification.
By Blessed Ndlovu
Oct. 14, 2024
Govt mulls changing prescribed asset status criteria
This helps government to mobilise domestic resources, allowing it to fund its expenditure when it has limited resources.
By Melody Chikono
Oct. 9, 2023
Treasury fails to pay US$75m to depositors
Finance minister Ncube said through the central bank, a market determined exchange rate was introduced in SI 33 of 2019, causing a loss of value on deposits.
By Tatira Zwinoira
Aug. 11, 2023
DPC pays out $139 million
The six failed financial institutions were Royal Bank, Trust Banking Corporation, Afrasia, Interfin Banking Corporation, Allied Bank and Genesis Investment Bank.
By Mthandazo Nyoni
Aug. 31, 2022
Ex-DPC boss charged for ‘looting’ spree
According to investigations by the Zacc, on September 8, 2019 the PDC was invited to attend the 18th International Association of Deposit Insurers Annual General Meeting Conference from October 7 to 11 in 2019 in Istanbul, Turkey.
By The Southern Eye
Jun. 12, 2022
