Sidian Bank Limited has relocated its Nairobi branch to Nairobi’s Eastlands area in a strategic move aimed at increasing accessibility of its services by micro, small and medium enterprises.
According to bank chief executive Chege Thumbi, the lender’s mission is to create innovative, customer-focused and accessible banking solutions that respond to the evolving needs of Kenyan entrepreneurs.
Sidian Bank Limited operates 47 branches across the country, supporting a growing customer base with an asset portfolio of 60.1 billion shillings and deposits totalling 44 billion shillings as of December 31, 2024.
Additionally, the move underscores the bank’s strategic commitment to improving service delivery and accessibility for customers who include SMEs, retail and bancassurance clients.
“Our decision to renovate and relocate our Buruburu Branch to this new space is to enhance convenience and accessibility and improve customer experience for all our clients,” said Sidian Bank CEO, Mr Chege Thumbi. “As the Home of Biashara Banking, we are strengthening our presence where our customers need us most — and reaffirming our commitment to walk alongside SMEs and entrepreneurs in their growth journey, providing the right financial solutions and support every step of the way.”
Sidian Buruburu is now located at T-Square Mall on the 2nd floor along Mumias South Road and is part of the Bank’s broader strategy to get closer to customers and expand its reach, demonstrating a growing commitment to offer convenient and innovative banking services through both brick-and-mortar and digital channels.
The move further aligns the banks’ role in supporting the growth and scaling of SMEs — a sector that accounts for 90% of businesses in Kenya, a significant contribution to the country’s GDP.
Further, SMEs employ approximately 14.9 million Kenyans in various sectors of the economy – Private Sector Alliance Report – 2024.
