Palestine Deposit Insurance
Digitalization of the premium and pay-out deposit insurance process and modification of the premium towards a risk-based calculation
Deposit insurance is an essential element to ensure financial stability for a country, since its creation the Palestinian Deposit Insurance Corporation (PDIC) has been an essential actor on this stability. To ensure the continuity of its mission by following the international standards PDIC required to reach a high level of digitalization of its processes for premium calculation and to ensure the most efficient payment of the depositors in the event of a bank failure.
Creating with them a fully automated and digitalized architecture for the software and identifying local expertise for the development of the application. We managed to fully automate all the processes related to the deposit insurance and to achieve a new step in the strengthening of the financial stability of Palestine.
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