Sidian Bank net profit up six-fold on cheap deposits

Sidian Bank

Sidian Bank logo. 

Photo credit: File | Nation Media Group

Cheap deposits helped Sidian Bank cement its place as the fastest growing bank in the country by expanding its net profit for the year ended December 2025 six-fold to Sh1.72 billion from Sh287 million posted a year earlier.

The bank, upgraded to a mid-sized lender after doubling its market share in two years, grew its deposit base by 62.9 percent or Sh28 billion to Sh72.3 billion while its interest expenses rose at a slower pace of 23.1 percent to Sh4 billion.

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