Old Mutual - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Faulu gets over Ksh900 million to grow digital, MSME banking

Sacco ReviewJuly 7, 202405 mins

Faulu Microfinance Bank has secured more than KSh 900 million from its parent company, Old Mutual, to enhance its operations and revamp its business model for sustained growth. The company plans to utilize the funds to expand its digital banking services and to realign its distribution channels and human resources to promote sustainable growth. Faulu…

Study finds only 20 per cent of women are saving for retirement

Sacco ReviewApril 15, 2024April 15, 202406 mins

Old Mutual has launched its latest Financial Services Monitor, which offers invaluable insights into the financial behaviours and attitudes of Kenyans, with a particular focus on women. Old Mutual Women’s Network Patron Anne Nyamu said the second edition of the Old Mutual Financial Services Monitor (OMFSM) provides a comprehensive analysis of the Kenyan economy, highlighting…