Diamond Trust Bank Kenya has announced plans to sell its entire 83.67% shareholding in DTB Burundi to a consortium of primarily Burundian investors, including the bank’s existing minority shareholder.
- •DTB Burundi, established in 2009 with a single branch in Bujumbura, has grown into a four-branch operation and ranks among the top ten banks in Burundi.
- •The decision was approved by the DTB Kenya Board on 20 September 2025 and disclosed through a cautionary announcement issued on 23 September 2025.
- •The sale aligns with DTB’s strategy to focus on its core markets of Kenya, Uganda, and Tanzania.
“The Board has reviewed the offer from the consortium and considers that it represents fair value and a return on investment for DTB,” said Group CEO Nasim Devji.
She added that the buyers had committed to maintaining and expanding the bank’s financial inclusion agenda.
DTB Burundi’s Financial Performance
As of December 2024, DTB reported:
| Metric | FY2024 | FY2023 | YoY % |
|---|---|---|---|
| Total Assets | BIF 105.4 Bn | BIF 107.3 Bn | -1.7% |
| Customer Deposits | BIF 49.6 Bn | BIF 55.3 Bn | -10.4% |
| Customer Loans (Gross) | BIF 49.0 Bn | BIF 52.0 Bn | -5.8% |
| Financial Investments | BIF 23.3 Bn | BIF 16.5 Bn | +41.0% |
| Cash & Bank Balances | BIF 26.6 Bn | BIF 33.8 Bn | -21.4% |
| Equity (Capital + Reserves + Net Income) | BIF 32.5 Bn | BIF 30.9 Bn | +5.4% |
| Total Revenues | BIF 10.24 Bn | BIF 10.58 Bn | -3.3% |
| Operating Expenses | BIF 5.65 Bn | BIF 4.79 Bn | +18.0% |
| Loan Loss Provisions | BIF 538 Mn | BIF 1.25 Bn | -57.1% |
| Pre-Tax Profit | BIF 1.89 Bn | BIF 1.07 Bn | +76.2% |
| Net Profit | BIF 1.16 Bn | BIF 596 Mn | +94.3% |
| Loan-to-Deposit Ratio | 98.8% | 94.0% | +4.8pp |
| Return on Equity (ROE) | 3.6% | 1.9% | +1.7pp |
The balance sheet contracted slightly, with deposits and loans declining in 2024, but profitability nearly doubled due to reduced credit provisions. The bank also shifted liquidity into financial investments, which rose 41% year-on-year.
Next Steps
Completion of the transaction is subject to approvals from the Central Bank of Kenya, the Bank of the Republic of Burundi, and notifications to the Capital Markets Authority.
Shareholders have been advised to exercise caution when trading DTB shares pending the deal’s conclusion. Once finalized, DTB Burundi will cease to be a subsidiary of DTB Kenya.
