The court issued the order even as it held that the bank’s former receiver, Kenya Deposit Insurance Corporation (KDIC), could not be held liable for liabilities of the lender.

The Kenya Deposit Insurance Corporation (KDIC) has lost an appeal in which it had sought to block three law firms from representing directors and shareholders of collapsed lender Imperial Bank Ltd ...

The high opening deposit could be a barrier for investors. And in today’s high-rate environment, you could find shorter-term traditional CDs offering more competitive rates, so it’s worth ...

Korea Deposit Insurance Corporation invests 30 billion won to create MG Insurance bridge insurer By Kim Tae-ho Published 2025.05.23. 15:09 ...

Cooperatives Cabinet Secretary (CS) Wycliffe Oparanya made the announcement as he launched a five-member expert team to examine the Sacco Societies Act 2008 and suggest institutional and statutory ...

HONG KONG--(BUSINESS WIRE)--Blockchain Deposit Insurance Corporation (BDIC), first to market providing decentralized deposit insurance for cryptocurrency wallets and exchanges, proudly announces ...

The BaaS platform ensures compliance with Know Your Customer (KYC) requirements and offers interest-earning accounts insured by the Kenya Deposit Insurance Corporation (KDIC). A Transformative Journey ...

Capital One has agreed to pay $425 million to settle a class-action lawsuit over allegations it withheld higher interest rates from certain savings account customers, according to federal court ...

READ ALSO: 39 richest SACCOs in Kenya by asset base - SASRA report The Kenya Deposit Insurance Corporation (KDIC) is responsible for protecting deposits in commercial banks and microfinance ...

Federal deposit insurance covers a maximum of $250,000 per owner of an account. That suggests you should keep only $250,000 at a bank, but it’s more complicated than that.

PALM BEACH, Fla.--(BUSINESS WIRE)--Blockchain Deposit Insurance Corporation (BDIC), the world’s first decentralized cryptocurrency insurer, has announced the launch of its groundbreaking ...