Saccos

Saccos outpace banks in loan disbursements for eight months

Savings and Credit Cooperatives (SACOs) issued more loans than commercial banks in the first eight months of this year, reflecting the choice of customers who were put off by the high interest rates charged by commercial banks. New data…

Relief as Saccos recover Sh482m from struggling firms

Investor Empires

Capital Markets Relief as Saccos recover Sh482m from struggling firms Wednesday December 20 2023 SACCO Societies Regulatory Authority (SASRA) chairman Jack Ranguma. FILE PHOTO | WILFRED NYANGARESI | NMG Public and private firms…

Sh60bn loan-deposit gap piles pressure on saccos

Investor Empires

Economy Sh60bn loan-deposit gap piles pressure on saccos Tuesday September 12 2023 CEO of the SACCO Societies Regulatory Authority (SASRA) Peter Njuguna speaks during the SACCO Central(Shared Services) annual delegates' meeting on…

Saccos contract 3,430 agents in expansion bid

Investor Empires

Economy Saccos contract 3,430 agents in expansion bid Friday September 01 2023 SACCO Societies Regulatory Authority (SASRA) chairman Jack Ranguma during the SACCO Central(Shared Services) annual delegates' meeting on April 15,…