Home East Africa Kenya Kenya: Saccos Deposits Rise 11.12pc to Sh832.74bn As Assets Hit Sh1.21tn

Kenya: Saccos Deposits Rise 11.12pc to Sh832.74bn As Assets Hit Sh1.21tn

Kenya: Saccos Deposits Rise 11.12pc to Sh832.74bn As Assets Hit Sh1.21tn

Nairobi — Total deposits held by Saccos in Kenya grew by 11.12 percent to Sh832.74 billion last year, latest data from the Sacco Societies Regulatory Authority (SASRA) shows.

The increase represents a rise from Sh749.43 billion recorded in 2024.

“The total deposits of the Regulated SACCOs, which is composed of non-withdrawable deposits (commonly known as BOSA deposits), withdrawable deposits (commonly known as FOSA deposits), and fixed deposits, on the other hand grew by 11.12% to reach Kshs….

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