Korea Deposit Insurance Corporation

Korea Deposit Insurance Corporation
예금보험공사
Yegeum Bohum Gongsa

KDIC headquarter along Cheonggyecheon in Downtown Seoul
Agency overview
FormedJune 1, 1996 (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
Parent agencyFinancial Services Commission
Websitewww.kdic.or.kr/english/index.jsp
Korean name
Hangul
예금보험공사
Hanja
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.