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Centum cancels sale of Sidian to Access

Centum Investments Plc has made a U-turn on the earning prospects of Sidian Bank after failing to sell the struggling lender to a Nigerian giant lender.

Nairobi , Nairobi-area , Kenya , Nigeria , Nigerian , Sidian-bank , Access-bank , Central-bank , Centum-investments-plc , Access-bank-plc , Nairobi-securities-exchange

Why we sold Sidian Bank to Nigerian lender at a loss

Sidian was also very reliant on wholesale deposits because the challenge in the microfinance segment is that they are largely net borrowers.

Kenya , Nigeria , Nigerian , Chege-thumbi , James-mworia , Sidian-bank , Sidian-bank-to-nigerian , Credit-bank , Access-bank , Central-bank , Imperial-bank , Chase-bank

Centum mulls T-bonds to boost cashflow, cover losses

Firm last week sold 83.4 percent of its stake in Sidian Bank for $37.06 million.

Nairobi , Nairobi-area , Kenya , Nigeria , Kenyan , Nigerian , James-mworia , King-beverage , Sidian-bank , Centum-investments-company , Access-bank-plc , Nairobi-securities-exchange

Access Bank is set to acquire a majority stake in Sidian Bank

Nigeria's Access Bank is set to acquire a majority stake in Kenya's Sidian Bank from investment firm Centum Investments.

Kenya , Nigeria , Nigerian , Kenyan , James-mworia , Access-bank-kenya , Sidian-bank , Access-bank , Centum-investment-company-plc , Access-bank-plc , Nigeria-access-bank , Kenya-sidian-bank

Centum sells Sidian Bank for Sh4.3bn to Nigerians

Centum Investments on Tuesday announced a binding agreement to sell 83.4 percent stake in Sidian to Nigeria’s top lender, Access Bank.

Namibia , Kenya , Bsidian , Gansu , China , Nigeria , India , Netherlands , United-kingdom , Lebanon , Nairobi , Nairobi-area

Nigerian lender to acquire majority stake in Kenya's Sidian Bank

Centum Investments announced a binding agreement to sell 83.4pc stake in Sidian to Nigeria’s Access Bank.

Namibia , Kenya , Nigeria , Zambia , Nigerian , Kenyan , Namibian , Zambian , Africa-grobank , James-mworia , Sidian-bank , Access-bank-plc

Once ailing banks get new lease of life from the industry's 'big boys'

Lenders, including Jamii Bora Bank, National Bank of Kenya (NBK), Transnational Bank (now Access Bank) and Mayfair Bank, which were struggling to keep their heads above the water.

Mauritius , Kenya , Habib-bank , Abuz-aby , United-arab-emirates , Dubai , Dubayy , Nigeria , Egypt , National-bank , Al-qahirah , Kenyan

Why Kenya needs more women tech leaders

More Kenyan women are gradually rising to the higher echelons of science and technology.

Kenya , Head-of-office-automation , Computer-science-at-africa-nazarene-university , Kenya-airways , Stanbic-bank , Computer-science , Africa-nazarene , System-integrators , East-africa , K-rep-bank , Catherine-muraga

Kenya: Sidian Bank secures $15mln to settle default risk on SME loans

Kenyan commercial bank Sidian Bank has secured a $15 million guarantee from Dutch Development Finance Fund (FMO) to cover the default risks of

Kenya , Netherlands , Kenyan , Dutch , Chege-thumbi , Dutch-development-finance-fund , Sidian-bank , Ecofin-agency , K-rep-bank , Bank , Nable , Mo