It is my pleasure to welcome you to the official portal of Jordan Deposit Insurance Corporation (JODIC). For twenty-five years, JODIC has steadily fulfilled its core mandate, marking its silver jubilee—a milestone that crowns a quarter-century of progress and consolidates its standing as a regional benchmark for professionalism and excellence.

 

Since its establishment as an independent legal entity with financial and administrative autonomy, JODIC has achieved its principal objectives and has become a vital pillar of the Kingdom’s financial safety net. It carries out its mandates, deposit insurance and bank liquidation, within its statutory authority and, in coordination with the Central Bank of Jordan, is empowered to undertake bank-resolution measures as set out in JODIC’s Law, to protect depositors and reinforce the stability of the banking system by strengthening institutional readiness and ensuring sound, timely decision-making in the face of banking crises.

 

Our mission is anchored in prudent financial governance. JODIC maintains robust and adequate reserves to meet its obligations across a range of plausible scenarios, thereby enhancing depositor protection. Deposits in Jordanian dinar are insured up to a maximum of JD 50,000 per depositor, per bank operating in the Hashemite Kingdom of Jordan, and 98%of depositors are fully insured.

 

 Waleed Al-Qasrawi- Director General       

JODIC continues to advance its strategic objectives through adopting a payout guideline that enables the prompt reimbursement, as well as a crisis-management plan aligned with international best practices. To further strengthen confidence in the Kingdom’s banking system, JODIC also conducts public-awareness campaigns on its role in safeguarding depositors’ funds.

 

I warmly welcome you once again and invite you to explore our website. We hope it serves as a reliable reference on the deposit insurance system in Jordan and as an effective channel for communicating with us.

 

 

How do you rate the content of the page?