The Savings Deposit Insurance Fund (SDIF, or TMSF in Turkish) is a public legal entity in Turkey, established to protect the rights of savings deposit and participation fund holders. Its primary missions are to insure deposits up to a legally specified limit, manage the resolution process for banks that have failed or are in financial distress, and recover public receivables by managing and selling assets transferred to it from these banks. Operating with financial and administrative autonomy, the SDIF plays a crucial role in maintaining public confidence and stability in the Turkish financial system.

Founded in

Turkey