Governor Badilisha hopeful for more credit access among farmers as Sidian Bank enters Nyandarua

During the opening of Sidian Bank’s branch in Nyandarua, the governor noted that the financial institution’s presence offers an opportunity for credit access and banking services farmers and small business operators. 

“This is more than just a financial institution, it is a partner in Nyandarua’s journey to economic transformation. By supporting our farmers, traders, and small businesses with accessible credit and quality banking services, Sidian Bank is helping us unlock the full potential of our people and resources,” he said.

The bank on Friday unveiled its 49th branch in Ol Kalou, Nyandarua County, consisting of an ultra-modern and executive banking hall. The new branch aims to serve customers and entrepreneurs in the broader Mt. Kenya region and its surrounding areas, with a focus on financial services for underserved communities in Agri-sectors in the region.

Speaking at the launch, Sidian Bank CEO Chege Thumbi said the institution believes in walking the entrepreneurial journey alongside farmers, traders, small businesses, and growing enterprises. 

“Whether you’re seeking working capital, Biashara loans, SME solutions, Digital banking solutions, LPO financing, or Invoice discounting, we are here to support your ambitions,” said Chege.

“All this is part of our broader vision of becoming a Tier 2 Bank by the end of 2025. This means we are not here for the short term.”

Sidian Bank recorded 92 per cent increase in profit after tax for the first half of 2025, soaring to Ksh.1.01 billion from Ksh.523 million a year earlier. 

The bank says the profit margin was driven by a 42.8 percent rise in net interest income and a 136.6 percent surge in non-interest income that lifted total operating income to Ksh.3.55 billion.