(From left) KIE Managing Director Nelson Kwamini, MSME Development PS Susan Auma Mang'eni, and Sidian Bank CEO John Okulo hold up signed documents following the execution of a strategic MoU. PHOTO| Sidian Bank Facebook page

KIE, Sidian Bank sign MoU to widen MSMEs finance access

Partnership creates a pathway for businesses moving beyond KIE support MSMEs to gain access to financing and business development support Focus targets growth in manufacturing and value addition enterprises Kenya Industrial Estates and Sidian Bank have signed a deal widening commercial finance access for manufacturing and value addition firms in Kenya. The Memorandum of Understanding…

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Sidian Bank
Sidian Bank CEO Chege Thumbi speaking during KETSA meeting/Photo by Fredrick Odierpo

Sidian Bank to work with SACCOs to spur growth

The Sidian Bank has reaffirmed its commitment in working with Saving and Credit Cooperative Organisations (SACCOs) to leverage itself through partnerships and linkages in order to spur growth. The banks’ Chief executive officer Chege Thumbi said that SACCOs can serve as trusted financial partners throughout members’ life journeys. Speaking in Kisumu during the Kenya Teachers…

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Sidian bank outgoing chairman James Mworia (1st from left and James Macharia (R)/Photo Courtesy

Former Transport CS James Macharia appointed Chairman of Sidian Bank

Former Roads and Transport Cabinet Secretary (CS) James Macharia has been appointed the new Chairman of Sidian Bank, taking over from Centum Investments CEO James Mworia, who has held the position since 2014. Announcing the leadership change on Wednesday, October 22, Sidian Bank confirmed that Mworia will remain on the bank’s board. “It has been…

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