Diamond Trust Bank Kenya Limited (DTB Kenya) has completed the sale of its entire shareholding in its DTB Burundi franchise following the receipt of regulatory approval from the Bank of the Republic of Burundi.
The lender transferred its entire ownership, equivalent to 83.67% of the total shares issued, to a consortium of investors in Burundi, including the existing minority shareholder. The transaction, which closed in December 31, 2025, marks the end of the Bank’s 16-year presence in Burundi.
The move aligns with the Group’s strategy to focus on its core markets in Kenya, Uganda and Tanzania. While the bank did not disclose the value of the transaction, it expressed satisfaction with the agreed consideration.
DTB Burundi remains a licensed financial solutions provider in Bujumbura. Following the change in ownership, the bank will now be fully regulated by the Burundian Authorities.
DTB Burundi FY2024 Performance
In the year ended December 31, 2024, the Burundi franchise contributed KES 50.6 million to DTB’s profit before tax, down 56% from KES 115 million in the previous year. The lender’s balance sheet weakened, with total assets standing at KES 4.6 billion, down 28.3% from KES 5.9 billion in December 2023.
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