Deposit Protection Fund Kenya

Kenya Deposit Insurance Corporation Board Of Directors 2023

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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

Deposit Insurance, Insurance in Banking, And How It works

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Deposit Insurance, Insurance in Banking, And How It works

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