Singapore Deposit Insurance Corporation Ltd (SDIC)
Singapore Deposit Insurance Corporation Limited (SDIC) administers the Deposit Insurance (DI) Scheme and Policy Owners' Protection (PPF) Scheme in Singapore.
Listing updated
About Singapore Deposit Insurance Corporation Ltd (SDIC)
Singapore Deposit Insurance Corporation Limited (SDIC) administers the Deposit Insurance (DI) Scheme and Policy Owners' Protection (PPF) Scheme in Singapore. SDIC is a company limited by guarantee under the Companies Act, and its board of directors is accountable to the Minister in charge of the Monetary Authority of Singapore (MAS).
Under the DI Scheme, if a Scheme member bank or finance company fails, insured deposits with that member are aggregated and insured up to S$100,000 by SDIC. The PPF Scheme covers life and certain general insurance policies in the event of the failure of a Scheme member life or general insurer.
- Category
- Insurance agency
- Location
- Singapore
- Website
- sdic.org.sg
Summary written with AI from public business data. Disclaimer
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Quick facts
- Business name
- Singapore Deposit Insurance Corporation Ltd (SDIC)
- What it supplies
- Singapore Deposit Insurance Corporation Ltd (SDIC) is listed under Insurance agency.
- Category
- Insurance agency
- Location
- Singapore
- Listed products and services
- Deposit Insurance (DI) Scheme administration, Policy Owners' Protection (PPF) Scheme administration. (Summarised with AI from public business data.)
- How to contact
- Phone, website and an enquiry form on this page.
- Listing last updated