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Originally published by The Kenyan Wall Streetbusiness
September 23, 2025
3h ago
DTB Kenya to Exit Burundi with Sale of 83.67% Stake

DTB Kenya will sell its 83.67% stake in DTB Burundi to a local investor consortium, ending its 16-year presence. The sale awaits approvals...
✨ Key Highlights
Diamond Trust Bank Kenya has announced its plan to sell its entire 83.67% shareholding in DTB Burundi to a consortium of primarily Burundian investors. This decision aligns with DTB's strategy to concentrate on its core markets in Kenya, Uganda, and Tanzania.
- The sale decision was approved by the DTB Kenya Board on 20 September 2025 and publicly disclosed on 23 September 2025.
- Group CEO Nasim Devji stated that the offer represents "fair value and a return on investment" for DTB.
- DTB Burundi's net profit nearly doubled in FY2024 to BIF 1.16 Bn, a +94.3% increase year-on-year, despite a slight contraction in its balance sheet.
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