July 17, 2024

Sidian Bank Contributes Kes 1 million to KETSA’s 3rd Annual Leaders’ Summit


Sidian Bank has revealed its platinum sponsorship of the Kenya Teachers Sacco Association (KETSA) for the much-anticipated 3rd Annual Leaders’ Summit.

With a substantial contribution of Kes 1 million, the bank has shown its steadfast dedication to advancing the cooperative movement and promoting shared value within the community.

The summit, a crucial event in Kenya’s cooperative sector, acts as a platform for leaders in thought, policymakers, industry experts, and stakeholders to gather, exchange insights, and plot the course for the future.

Given the evolving economic landscape, the summit’s focus on reinvigorating the cooperative movement is particularly timely.

Chege Thumbi, CEO of sidian bank, highlighted the institution’s commitment to understanding and meeting the financial needs of local businesses, entrepreneurs, and residents.

In an exclusive interview, Thumbi outlined the bank’s mission to provide tailored financial support, drive economic empowerment, and offer personalized advisory services to SMEs.

“At sidian bank, we acknowledge the crucial role Saccos play in financial inclusion and economic empowerment, particularly among educators and other professionals.”

“We are honored to serve as the Platinum Sponsor of KETSA’s 3rd Annual Leaders’ Summit, and we eagerly anticipate collaborating with KETSA and its member Saccos to foster positive change and innovation within the cooperative sector,” he said.

Robert Njue, Chairman of KETSA, also shared his thoughts on the partnership, saying, “We are thrilled to have sidian bank as our Platinum Sponsor for this year’s summit for the fifth consecutive year.”

“Together, we aim to explore fresh strategies and innovations that will drive the economic revitalization of Saccos and promote sustainable growth within our communities,” Njue added.

Recognizing the crucial role of Savings and Credit Cooperative Societies (SACCOs) in financial inclusion and economic empowerment, sidian bank’s sponsorship of KETSA’s summit demonstrates its acknowledgment of SACCOs as equal partners in the financial sector.

This sponsorship signifies a strategic alignment with KETSA’s goals and a shared vision for the future of the cooperative sector.

Bringing together 45 SACCOs, the summit seeks to explore innovative strategies, foster partnerships, and showcase success stories of socio-economic development.

Discussions will revolve around SACCOs’ expansion, sustainability, and innovation, with a specific focus on leveraging digital technologies for greater effectiveness.

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Sidian Bank’s commitment to supporting SACCOs goes beyond sponsorship, as evidenced by its range of tailored solutions crafted specifically for SACCOs.

From remote check scanners to cash management solutions and accessible mobile loans, the bank’s offerings enable SACCOs to streamline operations and enhance member experience in an increasingly digital era.

The partnership between sidian bank and KETSA signifies a joint commitment to driving positive change and innovation within the cooperative sector.

Through collaborative endeavors and strategic investments, both entities seek to propel the economic revitalization of SACCOs and foster sustainable growth within communities across Kenya.

As preparations for the summit gain momentum, expectations are high for the valuable insights, fruitful collaborations, and impactful initiatives that will emerge.

With sidian bank’s backing, KETSA’s 3rd Annual Leaders’ Summit is poised to achieve new milestones in the journey toward a more resilient, inclusive, and prosperous cooperative sector in Kenya.