PIDM Has Got You Covered

Dear Valued Customer, 

The video aims to inform depositors what would happen in the event PIDM would need to carry out an orderly resolution of a troubled member bank. More importantly, we would like to assure depositors that they should not feel worried should they hear any rumour about their bank as:

1. Their deposits are protected by PIDM up to RM250,000 per depositor per member bank
2. There are several ways in which PIDM can resolve a troubled member bank to allow depositors to have continued access to their deposits
3. Where the resolution option requires PIDM to close a troubled member bank, PIDM will reimburse depositors through several ways

 

English Version

Malay Version