The Deposit Protection Corporation, a subsidiary of the State Bank of Pakistan, has published its fifth annual report for fiscal year 2024-25, showing that protection for eligible depositors of member banks has been doubled to PKR 1,000,000 per depositor per bank and that its deposit protection fund has surpassed PKR 200 billion. The report also highlights amendments to the Deposit Protection Corporation Act 2016, particularly the corporation’s enhanced support role in the resolution of member problem banks. As of 30 June 2025, scheduled banks had 91.78 million depositors, of which 90.83 million were eligible depositors covered up to the current limit. The higher coverage ceiling was the corporation’s second upward revision within six years of its establishment. The report also includes a comprehensive financial review, five-year comparative analysis, the independent auditor’s report, and audited financial statements for fiscal year 2024-25.
State Bank of Pakistan2026-06-10
State Bank of Pakistan subsidiary Deposit Protection Corporation reports deposit coverage doubled to PKR 1000000 and fund above PKR 200 billion
The Deposit Protection Corporation, a subsidiary of the State Bank of Pakistan, reported that protection for eligible depositors of member banks has doubled to PKR 1,000,000 per depositor per bank and that its deposit protection fund now exceeds PKR 200 billion. The report notes amendments to the Deposit Protection Corporation Act 2016 that strengthen the corporation’s role in resolving problem banks and confirms that, as of 30 June 2025, 90.83 million of 91.78 million depositors were eligible for coverage up to the new limit.