News

The Ghana Deposit Protection Corporation (GDPC) wishes to inform its member institutions that the Ghana Deposit Protection (Amendment) Bill, 2025 was passed by the Parliament of the Republic of Ghana on 18^th March 2026 and received Presidential Assent on 31^st March 2026.

Following the passage of the Amendment Bill, the Board of GDPC is empowered, among other things, to review the coverage limits for insured deposits once every two years to ensure they remain appropriate and responsive to prevailing economic conditions and depositor protection objectives. The process for the review of the coverage limits has commenced, and in the interim, GDPC hereby notifies its member institutions that coverage limits applicable to banks and specialised deposit-taking institutions that were in existence prior to the passage of the Ghana Deposit Protection (Amendment) Bill, shall remain in force.

GDPC appreciates the continued cooperation and support of all stakeholders and assures the public of its commitment to promoting depositor confidence and contributing to financial system stability.