KDIC’s mandate, as set out in its enabling Act, has the powers to guarantee deposits of insured institutions, carry out supervision of insured institutions, partake in problem/failing banks resolution process and liquidate failed/closed financial institutions.

The roles of the Corporation in the Financial System are essentially to:

  1. Administer a Deposit Insurance System.
  2. Provide incentives for Sound Risk Management in Financial Institutions.
  3. Provide Insurance against the loss or part or all of deposits of a member Institution.
  4. Promote and contribute to the stability of the Kenyan Financial System