Establishment, Status, and Designated Positions of IDIC
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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.
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IDIC is a legal entity in accordance with the IDIC Act.
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In the course of implementing its duties and authority, IDIC functions as an independent, transparent, and accountable institution.
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IDIC is responsible to the President.
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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.