Korea Deposit Insurance Corporation

Korea Deposit Insurance Corporation

The Korea Deposit Insurance Corporation (KDIC) is a deposit insurance corporation, established in 1996 in South Korea to protect depositors and maintain the stability of the financial system. The major functions of KDIC can be classified into five categories such as insurance management, risk surveillance, resolution, recovery, and investigation.

Read more about Korea Deposit Insurance Corporation:  Financial Safety Net in Korea, Overcoming The Financial Crises, Links

Famous quotes containing the words deposit, insurance and/or corporation:

    A real life, a life that leaves a deposit in the shape of something alive.... It’s difficult to say what makes a life a real life.... You could also say it depends on a person being identical with himself.
    Max Frisch (1911–1991)

    Before I get through with you, you will have a clear case for divorce and so will my wife. Now, the first thing to do is arrange for a settlement. You take the children, your husband takes the house, Junior burns down the house, you take the insurance and I take you!
    S.J. Perelman, U.S. screenwriter, Arthur Sheekman, Will Johnstone, and Norman Z. McLeod. Groucho Marx, Monkey Business, terms for a divorce settlement proposed while trying to woo Lucille Briggs (Thelma Todd)

    The nearest the modern general or admiral comes to a small-arms encounter of any sort is at a duck hunt in the company of corporation executives at the retreat of Continental Motors, Inc.
    C. Wright Mills (1916–1962)