Business
Sacco lending nears Sh1 trillion as bad debts climb
SASRA reported that the ratio of non-performing loans to gross loans among DT-Saccos increased to 6.56 per cent in June, from 6.42 per cent three months earlier.
Non-performing loans
Business
SACCOs disburse Sh33.74bn for land and housing in first quarter of 2026
According to the SACCO Societies Regulatory Authority (SASRA) Quarterly Statistical and Soundness Report released by The Sacco Regulator on Monday, for the period ending March 2026, lending to the land and hous...
Business
Banks clean up balance sheets as loan defaults fall to two-year low
The total banking sector loan book also expanded to Sh4.54 trillion in May, compared to Sh4.15 trillion a year earlier. This growth has been supported by a steady decline in borrowing costs, following pressure...
Business
Family Bank profit soars 55.7% as lending activity drives growth
Despite the overall strong performance, loan loss provisions rose sharply from Sh587.5 million in September 2024 to Sh1.361 billion in September 2025, a 131.6 percent increase, reflecting a cautious approach to...