Sidian Bank plays a significant role in supporting the growth and success of small and medium-sized enterprises throughout Kenya. MSMEs encompass a wide range of businesses from family-owned shops to schools and JuaKali sector-based businesses, and serve as the foundation of Kenya’s economic backbone – fostering innovation, job creation, and economic growth.
Founded on the principles of empowerment and entrepreneurship, Sidian Bank has emerged as a reliable partner for MSMEs navigating the complexities of the financial landscape. Through its newly refurbished Kengeleni branch, Sidian Bank is committed to supporting the needs of MSMEs in the Coastal region. This region has a deep cultural heritage with many untapped opportunities that MSMEs can leverage with the banks’ support through personalized and innovative financial solutions.
Sidian Bank’s relaunch of the 4th branch in the region aims to enhance the banking experience for the customers, by creating newer and modern branches.
Through innovative and competitive lending products, strategic partnerships, and personalized support, Sidian Bank is prepared to empower MSME’s in the Coastal region.
During the relaunch of the Kengeleni Branch in Mombasa, Sidian Bank’s CEO, Mr. Chege Thumbi, stated, “Our initiative to support MSMEs in Kenya’s coastal region underscores the bank’s dedication to regional development and economic empowerment. By providing low-cost banking solutions, competitive interest rates, and transparent fee structures, we aim to enable local businesses to overcome challenges, seize opportunities, and contribute to the broader economic landscape of the coastal region.”
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