Company Information

Get to know ICDC - Industrial and Commercial Development Corporation

The Industrial and Commercial Development Corporation (ICDC) was established in 1954 by an Act of Parliament (Cap 445). As a government-owned DFI, its primary mission is to facilitate the industrial and economic growth of Kenya by providing medium and long-term finance, as well as business support services, to local entrepreneurs and industries. ICDC invests in a diverse range of sectors, including manufacturing, agro-processing, ICT, and real estate, through debt financing, equity participation, and strategic partnerships. It plays a crucial role in implementing the government's development agenda by de-risking investments and catalysing private sector participation in key economic areas.

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ICDC - Industrial and Commercial Development Corporation

Kenya

Founded in

1954 (72 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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BVI FSC

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.