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Korea Deposit Insurance Corporation information


Korea Deposit Insurance Corporation
예금보험공사
Yegeum Bohum Gongsa
A photo of KDIC headquarter building
KDIC headquarter along Cheonggyecheon in Downtown Seoul
Agency overview
FormedJune 1, 1996; 27 years ago (1996-06-01)
HeadquartersJung District, Seoul, South Korea
37°34′07″N 126°58′51″E / 37.5685087°N 126.9807429°E / 37.5685087; 126.9807429
Agency executive
  • Gwak Bum-Gook, Chairman & President (Since 2015)
Parent agencyFinancial Services Commission
Websitewww.kdic.or.kr/english/index.jsp
Korean name
Hangul
예금보험공사
Hanja
預金保險公社
Revised RomanizationYegeum Bohum Gongsa
McCune–ReischauerYegŭm pohŏm kongsa

The Korea Deposit Insurance Corporation (KDIC) is a South Korean deposit insurance corporation, established in 1996 to protect depositors and maintain the stability of the financial system. The main functions of KDIC are insurance management, risk surveillance, resolution, recovery, and investigation.

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