Indonesia Deposit Insurance Corporation (IDIC) was established in late 2005. In order to develop a complete and prudent deposit insurance system, Mr. Rudjito Mochtar, Chairman of IDIC, led the IDIC delegation accompanying by Mr. James R. Hambric, Director of BearingPoint Inc. that is one of the observer of IADI, to pay a working visit to Central Deposit Insurance Corporation (Taiwan) to learn the experience of deposit insurance system and handling of problem banks in Taiwan. The training program was held from 3 to 8 March 2006 at the CDIC headquarter in Taipei, Taiwan.
CDIC (Taiwan) organized an intensive program on its main functions and several specific deposit-insurance related subjects in terms of the legal framework, early-warning system, risk-based premium system, failure bank resolution, and I.T. system of CDIC.