The Indonesia Deposit Insurance Corporation (Lembaga Penjamin Simpanan, LPS) is an independent Indonesian government agency established under Law Number 24 of 2004 and headquartered in Jakarta, which began operations on September 22, 2005 to guarantee bank customer deposits and maintain the stability of Indonesia's banking system. Operating under the Indonesian Ministry of Finance, it has guaranteed deposits, covering both principal and accrued interest, up to 2 billion Indonesian rupiah per customer per bank since 2008.
Facts
Founding YearSourced to the subject's own account Founding DateSourced to the subject's own account ScopeSourced to the subject's own account Geography
Country or Jurisdiction ServedWikidata Q4196819, property P17 (country). Classification
Institution SubtypeSourced to the subject's own account In the Other Atlases
Located In
Also in Geography Atlas: where this subject is located.
Sources
1. Indonesia Deposit Insurance Corporation (Wikipedia)
Wikipedialead paragraph, sentence 2
Established under Law Number 24 of 2004 on September 22, 2004, it began operations on September 22, 2005.
Lead sentence
The Indonesia Deposit Insurance Corporation (Indonesian: Lembaga Penjamin Simpanan, abbreviated as LPS) is an independent government agency in Indonesia tasked with guaranteeing bank customer deposits and maintaining banking system stability.
View the Source 2. Wikidata
Wikimedia Foundation- Country or Jurisdiction Served: Indonesia
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