×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

Lender gets Sh2 billion for expansion

Sidian Bank is expected to receive a Sh2 billion loan from a Dutch lender in its attempt to grow the sprouting bank to tier two status.

“Sidian Bank has secured financing from The Dutch Entrepreneurial Development Bank (FMO), a development bank that will see the bank receive USD 20 million 5-Year loan facility as part of the strategy to grow the bank to tier two status,” announced the bank.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in

Related Topics

SME Sidian Bank