List of Kenyan banks where you will get a refund in case the bank fails

The government, through the Kenya Deposit Insurance Corporation (KDIC), has published a list of financial institutions whose customers are guaranteed protection of their deposits in the event of an institution’s 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. The list covers various financial institutions, including commercial banks, mortgage finance institutions, and microfinance banks.

KDIC, which operates as a Resolution Authority under the Kenya Deposit Insurance Act, manages the Deposit Insurance Fund that safeguards depositors’ savings in case a bank fails.

It guarantees the protection of deposits up to a maximum of Sh500,000 per depositor, ensuring that customers’ money remains safe even in the event of bank liquidation.

“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.

In the Financial Year ending June 30, 2026, KDIC listed 37 commercial banks, one mortgage finance institution (HF Group), and 14 microfinance banks as members of its Deposit Insurance scheme. They include:

Commercial Banks:

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
28. NCBA Bank Kenya Plc
29. Paramount Bank Limited
30. Premier Bank Limited
31. Prime Bank Limited
32. SBM Bank Kenya Limited
33. Sidian Bank Limited
34. Stanbic Bank Kenya Limited
35. Standard Chartered Bank Kenya Limited
36. UBA Kenya Bank Limited
37. Victoria Commercial Bank Limited

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Microfinance institutions

1. Caritas Microfinance Bank Limited
2. Century Microfinance Bank Limited
3. Choice Microfinance Bank Limited
4. Daraja Microfinance Bank Limited
5. Faulu Microfinance Bank Limited
6. Kenya Women Microfinance Bank Limited
7. Maisha Microfinance Bank Limited
8. Muungano Microfinance Bank Limited
9. Rafiki Microfinance Bank Limited
10. Salaam Microfinance Bank Limited
11. SMEP Microfinance Bank Limited
12. Sumac Microfinance Bank Limited
13. U&I Microfinance Bank Limited
14. Uwezo Microfinance Bank Limited

Mortgage finance institution

1. Housing Finance (HF Group)

KDIC CEO Helen Chepkwony advised depositors to confirm their bank’s membership by checking for the KDIC Certificate of Deposit Insurance Membership displayed in banking halls or at the institution’s main business premises to confirm that their deposits are secure.