About KDIC
"Thank you for visiting our website."
As a financial authority primarily responsible for maintaining the stability of the nation¡¯s financial system, the Korea Deposit Insurance Corporation (KDIC) plays an integral part in ensuring financial stability in Korea.
The KDIC has been acting as a reliable pillar of support that safeguards the financial markets and consumers, as evidenced by its successful restructuring of financial institutions in the course of overcoming the Asian financial crisis and the savings bank crisis in 2011.
Moreover, in a bid to bring the country¡¯s deposit insurance system to the next level, the KDIC introduced the differential premium system and the recovery and resolution planning (RRP) scheme in consideration of the changes in the financial market environment. The Corporation was also the first deposit insurer in the world to implement the Scheme to Support the Return of Misdirected Money Transfers, which allowed the KDIC to ramp up its consumer protection measures.
The KDIC will continue to step up efforts to reinforce its capacity to prevent crises and financial consumer protection measures to help the public gain greater confidence in conducting financial transactions.
I hope this website will provide a better understanding of the KDIC¡¯s work and achievements for the general public and serve as a channel of communication between the public and the KDIC.
Thank you.