×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Why insuring bank deposits has become a necessary evil

Insurance Companies in Kenya

Financial institutions including commercial banks face an array of risks to the extent that risk management has become a major concern for managers of financial institutions.

The two risks on the desk of a bank’s chief executive are credit risk and liquidity risk. Both risks can send a bank into insolvency - exposing depositors and shareholders to losses.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in