The government, through the Kenya Deposit Insurance Corporation (KDIC), has published a detailed list of commercial banks, mortgage finance institutions, and microfinance banks whose customers are guaranteed protection of their deposits in the event of a bank failure.
In a notice dated Tuesday, October 14, 2025, the Corporation listed members covered under the Deposit Insurance Scheme for the Financial Year ending June 30, 2026.
KDIC, a Resolution Authority established under the Kenya Deposit Insurance Act, 2012, plays a key role in safeguarding depositors’ funds, promoting confidence in the banking system, and facilitating the orderly resolution of troubled banks.
The Corporation provides a Deposit Insurance Scheme for members as provided for by law.
“We hereby notify the public that the following are our members covered under the Deposit Insurance Scheme for the Financial Year ending June 30, 2026,” read the notice.
KDIC Releases List of Banks Where Kenyans’ Money is Safe
According to the notioce, KDIC embraces alternative resolution tools to resolve troubled banks, including the realization of assets on a timely basis.
This layer of protection, the corporation notes, enables depositors to maximize their recovery of deposits from failed banks above the guaranteed deposits of KSh500,000.
“The Deposit Insurance Fund provides protection to depositors and contributes to a sound banking system,” the notice read.
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Another way KDIC guarantees the safety of customer deposits is through Early Detection and Timely Intervention, where the Corporation monitors banks for early signs of distress and intervenes before failure occurs.
Additionally, the Corporation applies a Prompt Resolution mechanism, in which it steps in to resolve troubled banks and protect depositors’ interests. This layer of protection enables depositors to recover as much of their money as possible from failed banks, beyond the guaranteed deposit limit of Ksh 500,000. Amounts above the guaranteed limit are paid to depositors upon the recovery of debts and realization of the failed bank’s assets.
37 commercial banks, one mortgage finance institution (HF Group), and 14 microfinance banks were listed as members of the KDIC scheme.
| No. | Bank Name |
| 1 | ABSA Bank of Kenya Ltd |
| 2 | Access Bank (Kenya) Public Limited Company |
| 3 | African Banking Corporation Limited |
| 4 | Bank of Africa Kenya Limited |
| 5 | Bank of Baroda (K) Limited |
| 6 | Bank of India |
| 7 | Citibank N.A. Kenya |
| 8 | Commercial International Bank Limited |
| 9 | Consolidated Bank of Kenya Limited |
| 10 | Co-operative Bank of Kenya Limited |
| 11 | Credit Bank Limited |
| 12 | Development Bank of Kenya Limited |
| 13 | Diamond Trust Bank Kenya Limited |
| 14 | DIB Bank Kenya Limited |
| 15 | Ecobank Kenya Limited |
| 16 | Equity Bank Kenya Limited |
| 17 | Family Bank Limited |
| 18 | Guardian Bank Limited |
| 19 | Guaranty Trust Bank (K) Ltd |
| 20 | Gulf African Bank Limited |
| 21 | Habib Bank AG Zurich |
| 22 | I&M Bank Limited |
| 23 | KCB Bank Kenya Limited |
| 24 | Kingdom Bank Limited |
| 25 | Middle East Bank (K) Limited |
| 26 | M-Oriental Bank Limited |
| 27 | National Bank of Kenya Limited |
Other commercial banks listed include NCBA Bank Kenya Plc, Paramount Bank Limited, Premier Bank Limited, Prime Bank Limited, SBM Bank Kenya Limited, Sidian Bank Limited, Stanbic Bank Kenya Limited, Standard Chartered Bank Kenya Limited, UBA Kenya Bank Limited, and Victoria Commercial Bank Limited.
Microfinance institutions under the insurance cover include Caritas Microfinance Bank, Faulu Microfinance Bank, SMEP, Rafiki, U&I, and Sumac Microfinance Bank.
Other microfinance institutions listed are Kenya Women Microfinance Bank Limited, LOLC Microfinance Bank Limited, U&I Microfinance Bank Limited, Branch Microfinance Limited, Muungano Microfinance Limited, and Umba Microfinance Limited.
About the Corporation
Kenya Deposit Insurance Corporation (KDIC) is a Resolution Authority established under the Kenya Deposit Insurance Act, Cap 487C, whose mandate as a risk minimizer is to provide a deposit insurance scheme for customers of member institutions, enhance risk management, and promptly resolve any troubled bank.
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The Corporation manages the Deposit Insurance Fund, which is used to reimburse depositors and facilitate the timely resolution of troubled banks, in line with its public objective of promoting confidence and contributing to a sound banking system.
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