Deposit Protection Fund Kenya Archives

Kenya Deposit Insurance Corporation Board Of Directors 2024

November 30, 2024February 3, 2023 by amosgitobu

We have an updated list of the Kenya Deposit Insurance Corporation board of directors. However, as of my knowledge cutoff (2023), the KDIC board of directors consisted of the following members: KDIC Senior Management It is important to note that the board of directors may change over time, so it is recommended to verify this … Read more

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How Deposit Insurance Corporation (DIC) Works

November 30, 2024February 3, 2023 by amosgitobu

In Kenya, deposit insurance is provided by the Deposit Insurance Corporation (DIC), which is a government-owned organization responsible for safeguarding depositors’ interests. The DIC covers all deposits held in Kenyan banks, up to a limit of KES 100,000 per depositor per bank. The deposit insurance scheme in Kenya is mandatory for all banks operating in … Read more

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