How Customers’ Money is Protected When a Kenyan Bank Collapses
When a bank or microfinance institution in Kenya fails, it triggers a structured resolution process designed to protect depositors, maintain ...
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Tag: KDIC
KDIC Announces 3rd Dividend Payment to Dubai Bank Kenya Depositors After Collapse
The Kenya Deposit Insurance Corporation (KDIC) has announced the commencement of the third dividend payment to all eligible depositors and ...
New Fuel Prices, List of Banks with Insured Deposits, and NCBA-Stanbic Merger
Hello, this is Jason. Welcome to today’s edition of The Business Roundup, where we bring you the latest updates on ...
Govt Publishes List of Banks Where Kenyans Money is Safe
The government, through the Kenya Deposit Insurance Corporation (KDIC), has published a detailed list of commercial banks, mortgage finance institutions, ...
Payment for Customers who Had Cash in Kenya Finance Bank Announced
The Kenya Finance Bank Limited has announced the sixth payment of to the depositors and creditors. In a notice on ...
Govt Gives Update on Bank That Collapsed with Kenyans’ Billions
The Kenya Deposit Insurance Corporation (KDIC) has issued a notice to depositors of Imperial Bank Limited on payment of protected ...