Date: March 27, 2015
At the Policy Board meeting held today, the Deposit Insurance Corporation of Japan (DICJ) decided to change the deposit insurance premium rates in the following manner:
The deposit insurance premium rates applicable from April 1, 2015 will be:
|0.041% for general deposits, etc.; and|
|0.054% for deposits for payment and settlement purposes.|
The premised effective rate(Note) is 0.042%.
Subsequent to the decision above, DICJ applied for approval for the change of above rates to the Commissioner of the Financial Services Agency and the Minister of Finance based on the rules of the Deposit Insurance Act.
(Note) The ratio of total insurance premium against total eligible deposit