Sidian Bank an SME-focused Bank in Kenya, has announced the opening of its 46th branch in Thindigua, Kiambu County. This move is part of the bank’s ongoing efforts to expand its presence across the country and support the growing local economy.
The latest branch opens its doors at K-Mall near Thindigua estate and will provide a range of financial services to individuals, small and medium-sized enterprises, and corporate clients in the area strengthening its presence in key counties, where economic activity is thriving, the bank aims to offer much-needed financial assistance to enhance enterprise capacity.
Kiambu County is one of the fastest-growing counties in Kenya, with a strong and diverse economy. The county’s economy is driven by agriculture, manufacturing, and services sectors. The manufacturing sector is also a significant contributor to the county’s economy, with industries such as textiles, food processing, and construction materials being the main drivers of growth.
Commenting during the launch ceremony of the new branch, Sidian Bank CEO, Chege Thumbi, said, “We are excited to open our 46th branch in Thindigua, Kiambu County. As we expand our presence in the country we aim to support the growth of local businesses and communities. We believe that our presence along this busy and growing area of Kiambu Road will offer businesses banking services at their convenience and we look forward to building strong relationships with them.”
The county’s strategic location and well-developed infrastructure have made it an attractive destination for investors, further fueling its economic growth. The new branch is part of Sidian Bank’s strategy to increase its footprint across the country and support the Kenyan government’s efforts to promote economic growth and development.
Overall, Kiambu County’s economy is expected to continue growing, driven by its diverse economic base and favorable business environment, hence the branch will offer a wide range of customized facilities including working capital financing, asset financing, insurance premium financing, business loans to support the growing businesses in the region.
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