PDIC Establishment , Vision & Mission



Palestine Deposit Insurance Corporation (PDIC) was founded pursuant to the provisions of the Presidential Law by Decree No. (7) Of 2013, having legal entity and enjoying legal capacity as a financially and administratively independent corporation to fulfil its mandated function to protect depositors with member banks, encourage saving and promote confidence in the Palestinian banking system.

According to the provisions of its Law, PDIC enjoys vast authority as may be necessary to exercise its function as an insurer of deposits and bank liquidator. The Law grants it also supervisory authority realized through the regular interchange of data and information on member banks with the PMA as per certain protocols that guarantee all information necessary is provided to the PDIC to achieve its objectives.

Our Vision

To reach a leading professional position in insurance deposits at the regional and international levels.

Our Mission

To increase confidence in the Palestinian banking system and protect depositors’ savings in member banks.


Strategic Plan

The PDIC set its strategic plan that aims at raising the public awareness of the deposit insurance system in Palestine, in addition to promoting cooperation with local and international partner institutions to enhance PDIC performance.
The executive management plans to achieve PDIC’s mission which aims at fostering Palestinian financial stability, increasing public confidence in the banking system and providing depositors protection at the member banks.
The strategic plan focuses on incorporating Information Technology innovations through implementing new systems that enhance the effectiveness of PDIC processes and data flow from the member banks and Palestine Monetary Authority (PMA), as this will positively impact the quality of data and periodic reports.
The PDIC pays great attention to improving its human capital as a key factor in achieving strategic goals.  As such, the management has adopted a training and capacity building plan for all PDIC staff in various managerial, technical, financial and Information Technology fields.
The PDIC was able to achieve many of its goals in the recent years, which provided motivation for superior performance in the coming years, supported by the hard work of PDIC staff under its Board of Directors supervision.

PDIC Objectives


  1. Build up an appropriate level of reserves in order to ensure the provision of protection to depositors  in  member banks.
  2. Manage compensation and liquidation processes efficiently and effectively.
  3. Foster a risk-informed culture in the banking sector.
  4. Foster public confidence in the Palestinian banking system and contribute to maintaining its stability.
  5. Build greater awareness of the deposit insurance system in Palestine.
  6. Build an international relations network with the deposit insurance. corporations worldwide to strengthen relations and exchange experience.