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Depositors of collapsed Dubai Bank to be paid maximum Sh100,000

By Paul Wafula | 10yrs ago

Depositors who have money in the collapsed Dubai Bank will only be paid a maximum of Sh100,000 as the reality of the bank's situation starts to sink in.

Kenya Deposit Insurance Corporation's (KDIC) acting Chief Executive Officer Aggrey Bett - the corporation was appointed receivers of the bank  - said yesterday that all insured deposits would be paid up to a maximum of Sh100,000 per depositor.

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Dubai Bank Central Bank of Kenya (CBK) Kenya Deposit Insurance Corporation's (KDIC)
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