Page 13 - CDIC Company Profile Ebook

(8) Source of funds

A. Capital
NT$10 billion.
B. Deposit insurance premium revenue
This revenue is the main source of funding for fulfilling insurance
responsibilities.
C. Return on payout special reserves
In fund management, the CDIC places top priority on safety, and therefore
limits its investment methods to: (a) investments in government bonds, and
deposits in the Central Bank of the R.O.C. (Taiwan); or (b) financial
instruments that have been approved by the CDIC Board of Directors.
D. Special financial accommodations from the Central Bank of the
R.O.C. (Taiwan)
The CDIC may submit requests via the FSC for special financial
accommodations from the Central Bank of the R.O.C. (Taiwan). When
the amount of a special financial accommodation exceeds the value
of the collateral that the CDIC is able to provide, the FSC may join
with the MOF and the Central Bank of the R.O.C. (Taiwan) in submitting
the matter to the Executive Yuan for its approval for the National
Treasury to provide government guarantee.

(9) Promotion of public awareness

To promote public awareness, the CDIC continues working to
ensure that depositors are aware of deposit insurance protection. To
achieve this goal, the CDIC works through insured institutions and other
diverse channels including television, the internet, social media platforms
(e.g. Facebook, Youtube), radio, posters and brochures, newspapers,
magazines, and public transportation to call attention to the fact that:
(a) the limit on deposit insurance coverage is NT$3 million; and (b)
domestic and foreign currency deposits including principal and interest
are covered. Furthermore, in order to support the competent authority's
policy objective of promoting financial literacy, the CDIC takes active
part in charity fairs and other such activities to provide the public
with information on financial matters related to deposit insurance.
In addition, the CDIC has established a History Exhibition Hall to
exercise centralized preservation and display of important historical records,
and to make them available for people viewing from all around the
world. The History Exhibition Hall also has personal guides who explain
how Taiwan's deposit insurance system was established, and how it has
continued to develop since then.

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