Sidian Bank Profits Surge 470% to Sh1.47 Billion Amid Asset Boom.

 The bank's total assets grew 66% to Sh95 billion, driven by customer deposits up 79% to Sh77.9 billion. Net interest income rose 55% to Sh2.7 billion, while non-interest income doubled to Sh2.9 billion, outpacing bigger rivals like KCB and NCBA. Loans barely grew at 0.4%, but credit loss provisions spiked 127% to Sh1 billion. X users marvel at the turnaround, with some speculating on political links to President Ruto, though official records show Bakki Holdco as top shareholder.

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