Centum Investments’ stake in Sidian Bank has reduced to 29.26 percent in the wake of share sales and a Sh1.9 billion cash call by the small lender in a race to join the mid-tier ranking.
Latest disclosures by Sidian show that Centum's stake, held through Bakki Holdco Limited, fell to 29.26 percent at the end of December 2024 from 40.03 percent a year earlier, as the investment firm moved to cut its exposure in the small lender.
