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Jomoro Rural Bank Limited is a member of the Ghana Deposit Protection Corporation. The Ghana Deposit Protection Corporation was established by the Ghana Deposit Protection Act, 2016, Act 931, as amended. The Act provides the framework for the establishment of the Deposit Protection Scheme, the Deposit Protection Fund, and the Ghana Deposit Protection Corporation.

The Ghana Deposit Protection Corporation (GDPC) is mandated to manage the Deposit Protection Scheme efficiently and effectively towards the attainment of the following:

  • To protect a small depositor from loss incurred by the depositor as a result of the occurrence of an insured event.
  • To support the development of a safe, sound, efficient and a stable market-based financial system in Ghana by ensuring prompt payouts to insured depositors on the occurrence of an insured event.
  • The Ghana Deposit Protection Corporation is a member of the International Association of Deposit Insurers (IADI).