Sidian Bank

[4] The headquarters of Sidian Bank are located at K-Rep Centre, on Wood Avenue, in Kilimani, a neighborhood in Nairobi, the capital and largest city in Kenya.

[6] The bank is a medium-sized financial services provider, serving the urban and rural poor and small-to-medium business enterprises in Kenya.

In 1999, K-Rep re-organized itself into four entities:[9] In 2015, Centum Investment Company completed its acquisition of a majority stake in the bank.

[11] As at 31 March 2024, the shareholders in the bank stock included the following:[12] 1 - Bakii Holdco Limited is a Non-Operating Holding Company and a wholly owned subsidiary of Centum Investments.

[1] In June 2022, media reports indicated that Centum Investments had signed binding agreements to sale the 83.4 percent that it owned in Sidian Bank to Access Bank Group of Nigeria, for a consideration of KSh4.3 billion (approx.

[16] In January 2023, the time frame set in the sales agreement between the parties expired before they could reach consensus.