DIFK signs Grant Agreement with EBRD for the development of Depositor Compensation System
Press Release
DIFK signs Grant Agreement with EBRD for the development of Depositor Compensation System.
Within the technical assistance program of the European Bank for Reconstruction and Development, DIFK has achieved to sign a Grant Agreement in the amount of €255,523.34 for financing the development of Depositor Compensation System.
The Depositor Compensation System, or DCS, is a centralized web based information technology system which serves as tool to carry out prompt and accurate compensation of insured depositors, enabling DIFK to efficiently fulfil it’s mandate. The users of DCS will be: DIFK staff, member banks, Payout Agent Bank, etc.
Under this agreement, the Consultancy Contract with Consortium IN2 and Cacttus has been also signed for the development and implementation of the project.
DIFK will co-finance the project in the amount of €30,000 (euros).
