Sidian Bank company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

sidianbank.co.ke

Founded Year

1984

Stage

Corporate Majority - II | Acquired

Total Raised

$22M

Valuation

$0000 

About Sidian Bank

On June 8th, 2022, Access Bank acquired a majority stake in Sidian Bank for $36.13M. Sidian Bank is a commercial bank in Kenya.

Sidian Bank Headquarter Location

K-Rep Centre Wood Avenue, Kilimani

Nairobi,

Kenya

+254 0711 058000

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Sidian Bank News

Sidian Bank signs deal with Strathmore University to support Healthcare Business Program

Jul 4, 2022

Capital Business The partnership complements the Government’s affordable universal healthcare agenda from a private sector perspective. By The partnership complements the Government’s affordable universal healthcare agenda from a private sector perspective. The Managing Healthcare Business Program (MHB) is the program within Strathmore University Business School (SBS) that focuses on healthcare businesses and capacity building to business owners and managers enabling them run their businesses sustainably. This program has been running from 2017, with an alumni database of 200+ healthcare businesses. Sidian Bank is an SME focused mid-tier lender. The bank was recently recognized in the 2022 Think Business Banking Awards on its leadership in digital and SME solutions, a testament of the commitment to exceeding SME needs and expectations, through innovative trade finance products offering, customized, flexible and integrated solutions for both business customers and their staff. Most entrepreneurs would cite access to financing for their various business needs, working capital, growth and expansion as their biggest challenge. This collaboration creates a strategic opportunity for the bank to support health care service providers. Speaking during the MOU signing, Mr. Chege Thumbi, Sidian Bank’s Chief Executive Officer remarked that “The bank has always been keen on supporting entrepreneurs through tailor-made financial solutions that suit their business needs. This partnership is a testament of our dedication to support SMEs in all sectors of the economy. Through our collaborative efforts with Strathmore Business School, we intend to equip entrepreneurs in the health sector with technical know-how to build their capacity and addressing the challenge of collateral shortfall. This will in turn enable them to equip and expand their healthcare facilities in order to adequately serve the community.” Dr. George Njenga – Founding Dean, Strathmore University Business School also said the new partnership will enable the two institutions compliment the government’s health vision under the Big Four Agenda. “It is our vision to increase healthcare access in the country moreso to the vulnerable communities and groups such as women,” he said. The partnership will enable us to provide accurate date and build the necessary capacity in healthcare provision. Advertisement. Scroll to continue reading. 0

Sidian Bank Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Sidian Bank Rank

  • When was Sidian Bank founded?

    Sidian Bank was founded in 1984.

  • Where is Sidian Bank's headquarters?

    Sidian Bank's headquarters is located at K-Rep Centre, Nairobi.

  • What is Sidian Bank's latest funding round?

    Sidian Bank's latest funding round is Corporate Majority - II.

  • How much did Sidian Bank raise?

    Sidian Bank raised a total of $22M.

  • Who are the investors of Sidian Bank?

    Investors of Sidian Bank include Access Bank, Centum Investments Group, FMO, IFU and East African Development Bank.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.