On Thursday, 26 March 2026, the DIC had the privilege of facilitating an educational visit for Faculty of Law students from the Malawi University of Business and Applied Sciences (MUBAS), following an invitation from the Reserve Bank of Malawi. Our engagement
On 16th March 2026, the Deposit Insurance Corporation joined the Reserve Bank of Malawi (RBM) and other financial sector stakeholders in launching Global Money Week 2026 at Zingwangwa Secondary School. This year’s theme, “Smart Money Talk,” emphasizes the importance of empowering
The Deposit Insurance Corporation was pleased to participate in a CPD workshop organised by the Reserve Bank of Malawi and the Malawi Law Society under the theme “Unlocking Malawi’s Financial Markets: Legal Foundations and Investor Protection.” During the event, the DIC’s
The DIC recently held an insightful public awareness workshop with Malawi’s leading business journalists.The session aimed to strengthen collaboration with the media as a key partner in informing and educating the public about the benefits and role of the Deposit Insurance
We are pleased to announce the signing of a Memorandum of Understanding between the Deposit Insurance Corporation of Malawi and the Deposit Protection Corporation Zimbabwe.This landmark agreement, formalised during the on- going IADI Africa Regional Committee Conference in Mombasa, Kenya, reflects
The Deposit Insurance Corporation (DIC) recently concluded a series of awareness workshops for front-line staff of commercial banks held in Mzuzu, Lilongwe, and Blantyre on 15, 16, and 22 April 2025, respectively. These sessions aimed to strengthen the understanding of the
As we join the world in celebrating #GlobalMoneyWeek2025, did you know that: - Deposit Insurance Corporation (DIC) fully covers 93% of the depositors in Malawi and; - Coverage is up to K3,000,000 per depositor per bank. During #GlobalMoneyWeek2025, discover how deposit
The Deposit Insurance Corporation (DIC) would like to announce that the Deposit Insurance coverage limit has been adjusted from MK1,000,000.00 to MK3,000,000.00 per depositor per bank! This increase strengthens our commitment to protecting depositors and enhancing confidence in Malawi’s banking sector.
On January 31, 2025, the Deposit Insurance Corporation (DIC) spearheaded a tree-planting initiative at Namwanje Primary School in Blantyre, led by our Board Chairperson, Dr. Gabriella Chiutsi Phiri. During the event, 1,000 trees were planted to contribute to environmental restoration and
On October 18, 2024, the Deposit Insurance Corporation (DIC) hosted the Economics Society of the UNIMA to a workshop focusing on the operationalization and economic rationale of the DIC. The DIC’s Director General, Chitani Chigumula and Manager, Operations, Lowina Mwasigala led insightful
