🏦 Banks

What is the Kenya Deposit Insurance Corporation and what does it protect?

The KDIC protects your money in a licensed bank if it fails — up to KSh 500,000 per depositor, per bank. How it works, how the limit changed, and what SACCO members should know.

Bank, SACCO or microfinance bank: which should you choose?

Commercial banks have the widest product range and branch network, SACCOs often pay more on savings and lend cheaply to members, and microfinance banks sit in between. How to weigh the pros and cons.

How to choose your first bank account in Kenya

Your everyday account is the hub of your money. How to compare fees, the debit card, the app, M-Pesa integration, minimum balances and online banking — and avoid the costs that slip past.

What is a credit report and a credit score in Kenya?

When you apply for a loan, credit card, mobile loan or hire purchase, a credit check is done. How the credit reference bureaus work, what stays on your file, and how to check your own report for free.