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. At DIC, we remain dedicated to safeguarding financial stability…

Bungwe la Deposit Insurance Corporation (DIC) likudziwitsa anthu onse kuti nduna ya zachuma, Wolemekezeka a Simplex Chithyola Banda MP, pa 10 October 2024, adzakhazikitsa bungweli ku Bingu International Convention Centre ku Lilongwe. DIC ndi bungwe la boma lokhazikitsidwa ndi lamulo la Deposit Insurance Corporation Act, 2022 ndipo lidayamba kugwira ntchito…

The Deposit Insurance Corporation (DIC) wishes to inform the general public that the Minister of Finance and Economic Affairs, Honourable Simplex Chithyola Banda MP, will on 10th October, 2024 launch the DIC at the Bingu International Convention Centre in Lilongwe. The DIC is a statutory body established by the Deposit…