Sidian Bank’s Shareholders Endorse Move to Raise Sh1.5bn via Rights Issue
Sidian Bank’s shareholders have endorsed the raising of Sh1.5 billion as additional share capital through a rights issue. The bank says the capital will be used to fund its growth [...]
Sidian Bank Full Year 2016 Earnings Plunge By 92%
Sidian Bank, formerly known as K-Rep Bank, is a tier three commercial bank in Kenya and majority owned by NSE listed Centum Investments. The Bank has made public its financial performance for the period [...]
Sidian Bank To Retrench Over 108 employees at a cost of Sh 70Million
Kenya's Sidian Bank has announced plans to retrench more than 108 employees at a cost of approximately Sh70 million as from Monday October 24th, according to the bank's CEO Titus Karanja. Speaking during a media briefing in Nairobi, [...]