Sidian Bank has announced an ambitious expansion plan aimed at increasing its national footprint to over 100 branches by the end of the year, reinforcing its commitment to supporting Small and Medium Enterprises (SMEs) across the country.
Speaking during the announcement, Sidian Bank CEO Thumbi Chege emphasized that the expansion is part of the bank’s broader mission to provide accessible and tailored financial solutions to Kenya’s growing SME sector.“Our focus has always been on empowering SMEs, and this branch expansion is a strategic move to bring our services closer to business communities in every corner of the country,” said Chege.
The bank’s flagship product, Trade Finance, has played a pivotal role in meeting the financial needs of contractors and business owners. It offers a wide range of solutions designed to support business operations, manage risks, and improve cash flow.
With SMEs being the backbone of Kenya’s economy, contributing significantly to employment and GDP, Sidian Bank’s move is expected to boost access to financial services, enhance business growth, and stimulate economic development.
Chege added that the bank will continue to innovate and tailor its services to align with the evolving needs of entrepreneurs, ensuring they have the tools and support necessary to thrive in today’s competitive market.
