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

IN PICTURES: Saccos mark Customer Service Week nationwide

Sacco ReviewOctober 6, 2026October 6, 202602 mins

Saccos across Kenya have launched customer appreciation campaigns to mark Customer Service Week, as the sector faces stiffer competition from digital lenders and traditional retail banks. Data from the Sacco Societies Regulatory Authority (SASRA) shows that regulated deposits have climbed past Ksh896 billion. Mwalimu National DT Sacco leads with Ksh56.51 billion in member savings, followed…

Stima Sacco widens deposit access through KCB partnership

Sacco ReviewOctober 1, 202603 mins

Stima Sacco expands its reach through a new banking partnership Members gain access to more channels for depositing into their accounts The arrangement adds thousands of access points beyond the Sacco’s branches Stima Sacco members can now deposit into their accounts at 224 KCB branches and more than 22,000 KCB Mtaani agents across Kenya. The…

Top 10 largest Saccos by assets, ranked by SASRA

Sacco ReviewOctober 1, 202605 mins

Kenya’s biggest Saccos continue to expand their balance sheets Lending and deposit mobilisation remain key drivers of Sacco growth The latest industry data reveals shifting fortunes among leading institutions SASRA’s Sacco Supervision Annual Report, 2025 has ranked Kenya’s 10 largest Saccos by total assets, deposits, loans and income. Kenya had 357 regulated Saccos in operation…

Sacco deposits remain concentrated in few large societies

Sacco ReviewSeptember 30, 202603 mins

Large Saccos continue to hold most of the sector’s deposits Hundreds of smaller societies account for a much smaller share Government-based Saccos hold the largest deposits by membership category Deposits remain heavily concentrated among a small group of large societies, with 46 Saccos controlling nearly 70 per cent of the sector’s total deposits in 2025….

Sh3.92bn Sacco deductions unremitted, SASRA says

Sacco ReviewSeptember 28, 202603 mins

Thousands of Sacco members were affected by delayed remittance of payroll deductions County governments and assemblies accounted for the largest share of unremitted funds The delays come as regulated Saccos continue expanding their assets and digital services More than 104,000 members of Savings and Credit Co-operative Societies (Saccos) were caught in delayed remittances in 2025…

Sacco sector assets hit Ksh1.278 T by August 2026

Sacco ReviewSeptember 28, 2026September 28, 202605 mins

Regulated Saccos continued to expand their financial footprint in 2026 Members borrowed billions for housing, education and agricultural activities Digital services are widening access as Saccos face challenges over unremitted deductions Kenya’s regulated Saccos grew total assets to Ksh1.278 trillion by August 31, 2026, underscoring their growing role in financial inclusion. The regulated Sacco sector…

Sacco sector assets hit Sh1.25 trillion in Q2 2026

Sacco ReviewSeptember 7, 2026September 7, 202606 mins

Sacco sector assets rise to Ksh1.25 trillion Deposits and loans continue to expand Stronger reserves boost the sector’s capital base Kenya’s regulated Saccos closed the second quarter of 2026 with total assets of Ksh1.25 trillion, a 12.64% rise from June 2025, according to the latest report by the SACCO Societies Regulatory Authority (SASRA). The growth,…

KUSCCO shareholders approve liquidation, new body

Sacco ReviewAugust 28, 202604 mins

KUSCCO shareholders approve full liquidation as debts hit Ksh 17 billion against Ksh 5.4 billion in assets. New national Sacco association approved to take over advocacy, training and research roles. Commissioner David Obonyo to oversee asset recovery and payouts to Saccos and depositors. KUSCCO shareholders have approved a structured liquidation after liabilities topped Ksh 17…

Saccos face reckoning as KUSCCO losses go to a vote

Sacco ReviewAugust 27, 202604 mins

Friday’s vote could determine how Saccos absorb billions lost in the KUSCCO crisis. Affected Saccos have already been forced to recognise losses and set aside provisions. Pressure is mounting for accountability as members seek answers over how the funds disappeared. Kenyan Saccos head into Friday’s KUSCCo special general meeting still counting the cost of a…

Treasury dismisses claims of borrowing KShs 1 trillion from SACCO savings for Infrastructure Fund

Sacco ReviewJuly 7, 202604 mins

Kenyans have been urged to verify any claims about the SACCO reforms through official government communication before sharing them further PS Kilemi reaffirmed that SACCO funds remain the property of their respective societies and are managed exclusively by elected officials The National Treasury has dismissed as false and malicious claims circulating on social media alleging…