NAIROBI, Kenya, Feb 18 – Mid-sized lender Sidian Bank has reaffirmed its commitment to strengthening partnerships with Savings and Credit Cooperative Organizations (SACCOs) as part of its strategy to expand financial inclusion and deepen community engagement across the country.
The bank announced a Sh2 million sponsorship towards the 5th Annual Leaders’ Summit organized by the Kenya Teachers SACCOs Association (KETSA).
Speaking during the announcement, Sidian Bank Chief Executive Officer Chege Thumbi said strategic alliances with SACCOs have significantly boosted the lender’s customer base while creating new opportunities for sustainable growth.
The summit, scheduled for February 23–27, 2026 in Kisumu, will bring together SACCO leaders from across the country for high-level strategic dialogue and capacity building.
“Strategic partnerships with SACCOs play a key role in accelerating our growth. We are keen on building strong alliances within communities that present greater opportunities for expansion and shared success,” said Thumbi.
He added that SACCOs and cooperatives remain central to the bank’s long-term growth strategy as it continues to deliver tailored financial solutions to SACCO members and the wider community.
The sponsorship underscores the bank’s support for platforms that promote innovation, governance excellence and sustainable growth within the cooperative movement. The forum will also provide Sidian Bank with an opportunity to engage directly with SACCO decision-makers while enhancing its brand visibility among a targeted and influential audience.
KETSA Chairman Robert Gikanju welcomed the partnership, noting that collaboration with financial institutions is essential for SACCOs navigating an increasingly competitive and digital-driven environment.
“The Annual Leaders’ Summit provides a high-level platform for SACCO leaders across the country to exchange ideas, strengthen governance frameworks and build capacity. Partnerships with financial institutions provide us with additional impetus for growth and innovation within the sector,” Gikanju said.
He further called for increased collaboration between the private sector and SACCOs to promote innovation, accelerate digital transformation and drive sustainable development within Kenya’s cooperative movement.
