Kenya Deposit Insurance Corporation

Kenya Deposit Insurance Corporation (KDIC)
Agency overview
Formed2012 (2012)
JurisdictionGovernment of Kenya
HeadquartersUAP Old Mutual Towers
Upper Hill, Nairobi
Kenya
Employees50 (2020)
Agency executive
Parent agencyCentral Bank of Kenya
Websitewww.kdic.go.ke

Kenya Deposit Insurance Corporation is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, 2012). The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stability of the financial system and prompt resolution.