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    SACCOs

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    Mwalimu Sacco Profit Jumps 76.3% as Asset Base Hits KSh 76.3Bn

    Mwalimu Sacco Profit Jumps 76.3% as Asset Base Hits KSh 76.3Bn

    Mwalimu National DT Sacco, Kenya's largest Sacco by assets, reported a 76.3% jump in surplus to 1.27Bn for the year ended 31 December 2025, its strongest result since 2020. Net interest income grew 11.0% to 3.53Bn while loans and advances expanded 19.3% to 56.3Bn. Administrative expenses rose 17.7% to 3.00Bn and impairment charges climbed 5.4% to 960.3M. The Sacco held its dividend at 13% and raised interest on deposits by 5 basis points to 10.05%. Total assets closed at 76.3Bn, up 10.8% year-on-year.
    Harry
    Harry Njuguna
    2 days ago
    Stima Sacco Closes in on Mwalimu Sacco as Asset Base Crosses KSh 75Bn

    Stima Sacco Closes in on Mwalimu Sacco as Asset Base Crosses KSh 75Bn

    Stima DT Sacco reported FY2025 results with assets rising to KSh 75.38 Bn, placing the cooperative just behind sector leader Mwalimu National Sacco at KSh 76.3 Bn.
    Harry
    Harry Njuguna
    6 days ago
    Sidian Bank Bets on SACCOs as it Plots Rapid Growth

    Sidian Bank Bets on SACCOs as it Plots Rapid Growth

    Sidian Bank Chief Executive Officer Chege Thumbi has said that deepening the lender's engagement with SACCOs has been a key engine driving the bank’s rapid growth
    Fred
    Fred Obura
    15 days ago
    The Full List of 176 Back-Office Savings and Credit Saccos Authorised to Operate in 2026

    The Full List of 176 Back-Office Savings and Credit Saccos Authorised to Operate in 2026

    Harry
    Harry Njuguna
    a month ago
    The Full List of the 176 Licensed Deposit-Taking Saccos in 2026

    The Full List of the 176 Licensed Deposit-Taking Saccos in 2026

    SASRA has kept the regulated footprint stable at 176 deposit-takers, signalling continuity in a tightly supervised sector
    Harry
    Harry Njuguna
    a month ago
    Five Saccos Put on Credit-Only Status as Two Exit

    Five Saccos Put on Credit-Only Status as Two Exit

    Kenya's Sacco regulator has placed five Saccos on conditionally restricted, credit-only status for 2026, barring them from taking any new deposits and subjecting them to tighter supervisory conditions
    Harry
    Harry Njuguna
    a month ago
    SACCO Moves to Recover KSh 108.8mn from Insolvent KUSCCO

    SACCO Moves to Recover KSh 108.8mn from Insolvent KUSCCO

    A Christian-based SACCO has obtained court orders to auction the movable assets of the KUSCCO to recover KSh108.8 million in unpaid deposits.
    Brian
    Brian Nzomo
    a month ago
    SACCOs’ Assets Grow By Double-Digits, But Bad Loans Soar

    SACCOs’ Assets Grow By Double-Digits, But Bad Loans Soar

    Brian
    Brian Nzomo
    3 months ago
    Sacco Regulator Clears New Saccos as Sector Tightens Compliance Rules

    Sacco Regulator Clears New Saccos as Sector Tightens Compliance Rules

    Sasra has licensed a new batch of Saccos to operate, as the regulatory body moves to balance its dual mandates to expand the sector while protecting members’ contributions
    Fred
    Fred Obura
    4 months ago
    35 SACCOs Risk Sanctions as Regulator Escalates Anti-Money Laundering Crackdown

    35 SACCOs Risk Sanctions as Regulator Escalates Anti-Money Laundering Crackdown

    Thirty-five savings and credit cooperatives (SACCOs) are staring at possible sanctions after failing to register with the Financial Reporting Centre (FRC) as required under new anti-money laundering regulations. SASRA noted: “A [...]
    Fred
    Fred Obura
    5 months ago
    SACCOs Face KSh 3.5bn in Unremitted Funds from Employers

    SACCOs Face KSh 3.5bn in Unremitted Funds from Employers

    Kenya’s regulated savings and credit cooperatives (SACCOs) are facing renewed financial strain as non-remitted funds owed by employers jumped to KSh 3.49 billion in 2024, up from KSh 2.59 billion [...]
    Fred
    Fred Obura
    5 months ago
    Kenya's Saccos Cross KSh 1 Trillion in Combined Assets

    Kenya's Saccos Cross KSh 1 Trillion in Combined Assets

    Kenyans are saving in, and borrowing more from, Saccos than ever before, pushing the sector’s assets past KSh1 trillion by the end of 2024, but the sector is grappling with [...]
    Fred
    Fred Obura
    6 months ago

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