General Department of Afghanistan Deposits Protection Fund

Objectives and Establishment

Under the framework of Da Afghanistan Bank, the Afghanistan Deposits Protection Fund is established as a general department to protect the deposits of people in commercial banks, contribute to the stability of banks and gain public confidence in the banking sector of the country. Achieving these goals will create an environment of trust in the banking sector of the country.

Vision

To contribute to stability of the banking system by protecting the deposits of people in commercial banks

Financial Resources of the Afghanistan Deposits Protection Fund (ADPF)

Financial resources of the Afghanistan Deposits Protection Fund consist of four main resources such as initial capital and working capital obtained from Da Afghanistan Bank and the Ministry of Finance, membership fee of commercial banks, collection of premium from commercial banks on yearly and monthly basis and revenue generated from investing the funds of ADPF.

Membership of the Afghanistan Deposits Protection Fund

All commercial banks with a valid license obtained from Da Afghanistan Bank are members of the Afghanistan Deposits Protection Fund. Each of these banks pays a monthly amount of certain yearly funds to the ADPF as premium.

Deposits of Islamic Banking and Conventional Banking

Funds obtained through protection of Islamic Bank and Islamic Banking windows deposits funds are different than the protection of conventional banks deposits funds. Revenue generated through the process of collecting the premium of Islamic Bank and the Islamic Banking widows are separate and independent from that of the conventional banks and are collected through separate accounts.

Afghanistan Deposits Protection Fund Procedure

ADPF has successfully prepared and finalized the ADPF procedure which includes all work areas of this fund and covers all related affairs of thereof.