Loan write-offs by Sidian Bank hit Sh1.58 billion in the year ended December 2025, a significant increase compared to the previous year, after years of pursuing recovery and settlement by customers.
The write-off marked a sharp jump from just Sh22.33 million in 2024, ranking Sidian among the largest single-year loan losses in the industry. This came in the year when Sidian’s net profit rose six times to Sh1.72 billion from Sh287.35 million in 2024.
