Establishment, Status, and Designated Positions of IDIC

  1. IDIC was established by the Government of Indonesia by virtue of the Republic of Indonesia Law Number 24 of 2004 concerning the Indonesia Deposit Insurance Corporation.
  2. IDIC is a legal entity in accordance with the IDIC Act.
  3. In the course of implementing its duties and authority, IDIC functions as an independent, transparent, and accountable institution.
  4. IDIC is responsible to the President.
  5. IDIC is domiciled in the Capital of the Republic of Indonesia and may choose to open representative offices within the territory of the Republic of Indonesia.