 Deposit insurance system is the most advanced
association among those established up to now for the
protection of deposits. The system works between
deposit owners, banks accepting the deposits and the
institutions taking the deposits under insurance
guarantee. It takes its sanction power from rule of law
based on country’s legislation. The association
providing insurance collect specific premium against
this transaction.
 The Association steps in through the resolutions
written in the related legislation when the bank in
which deposits are invested can not repay the owner’s
deposit. It pays the total amount under the insurance
to the depositor/s. In order to take back the totals it
paid, It initiates the legal process about the bank
having difficulty in paying.
 According to art. 111 of Banking Code, “The Savings Deposit
Insurance Fund, which is a public legal entity and which has
administrative and financial autonomy has been established
to insure deposits in order to protect the rights and interests
of depositors and to ensure confidence and stability in
financial markets; insure deposits and contribution funds;
manage the banks with the Fund; strengthen and
restructure their financial standing; transfer, merge, sell or
liquidate such banks; execute and conclude the follow-up
and collection transactions of the receivables of the Fund,
manage the Fund’s assets and resources and perform other
duties assigned thereto by the Law, within the framework of
the powers given by this Law and other applicable
legislation”.
 Fonun kurulus ve bağımsızlığı
 Madde 111 — Bu Kanun ve ilgili diğer mevzuat ile verilen yetkiler
çerçevesinde
 tasarruf sahiplerinin hak ve menfaatlerinin korunması amacıyla, mevduatın ve
katılım
 fonlarının sigorta edilmesi, Fon bankalarının yönetilmesi, malî bünyelerinin
güçlendirilmesi,
 yeniden yapılandırılması, devri, birlestirilmesi, satısı, tasfiyesi, Fon
alacaklarının takip ve
 tahsili islemlerinin yürütülmesi ve sonuçlandırılması, Fon varlık ve
kaynaklarının idare
 edilmesi ve Kanunla verilen diğer görevlerin ifası için kamu tüzel kisiliğini
haiz, idarî ve malî
 özerkliğe sahip Tasarruf Mevduatı Sigorta Fonu kurulmustur.
 Fon görevini yaparken bağımsızdır. Fonun kararları yerindelik denetimine tâbi
 tutulamaz. Hiçbir organ, makam, merci veya kisi, Fon Kurulunun kararlarını
etkilemek
 amacıyla emir ve talimat veremez.
 Fonun merkezi İstanbul'dadır. Fon, görevli ve yetkili




olduğu alanın yoğun olduğu
illerde olmak ve sayısı üçü geçmemek kaydıyla
Bakanlar Kurulu kararıyla yurt içi temsilcilik
ve tahsilat birimleri açabilir.
Fonun malları Devlet malı hükmündedir. Fonun mal,
hak ve alacakları haczedilemez
ve rehnedilemez.
 Saving Deposit and Insurance Fund, is a public law
legal person which has three main personality. These
are:
 1. Insurarer Fund
 2. Restorer and curative Fund
 3. Prosecution and collection fund
Structure of Fund
 The Fund consists of the Savings Deposit Insurance
Fund Board and the Chairman’s Office.
 The Savings Deposits Insurance Fund Board is the
decision-making organ of the Fund . The Board shall
consist of seven members, including one chairman
and one vice chairman. The chairman of the Fund
Board shall be the chairman of the Fund.
 The Fund is headquartered in Istanbul.
 Fund has administrative and financial autonomy.
 The Fund shall be independent when executing its
duties. Decisions of the Fund shall not be supervised
for appropriateness. No organ, authority or person
may issue orders or instructions to influence the
decisions of the Board.
 DUTIES AND POWERS OF SAVINGS DEPOSIT INSURANCE
FUND
 Duties and powers of Savings Deposit Insurance Fund according
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to the provisions of Law No: 5411 are as follows:
1) To insure the savings deposits and participation funds in the
credit institutions belonging to real persons, (Article 63)
2) To determine the scope and amount of the savings deposit and
participation funds which are subject to insurance with the
opinion of the Central Bank, BRSA and Treasury
Undersecretaries, (Article 63)
3) To determine risk based insurance premiums timetable,
collection time and form and other issues in cooperation with
the opinion of BRSA, (Article 63)
4) To pay the insured deposits and participation funds from its
resources, in the credit institutions whose operating permission
has been revoked, directly or through another bank, (Article 63)