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SACCO Societies Regulatory Authority (SASRA) has today released the SACCO Supervision Annual Report, 2021 which highlights the operations and performance of SACCO industry during the year ended, December 2021. During the year under review, the total deposits grew by 9.80% in 2021 to reach Kshs 564.89 billion from the sum of Kshs 514.46 billion recorded in…

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Following the commencement of the Regulations, the Authority proposes to make an Order to be known as the Sacco Societies (Specified Non-Deposit Taking Business) (Levy) Order pursuant to section 15 of the Sacco Societies Act. The Authority has therefore prepared a Regulatory Impact Statement (RIS) to assess the impact of the Levy Order on the…

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The Authority has released the SACCO Supervision Annual Report, 2020. The report documents the performance, operations and activities of the Deposit-Taking SACCOs in Kenya for the period between January and December, 2020. It also documents the key legal and policy developments during the period, which had a direct or indirect impact of SACCO Societies and…

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The Central Bank of Kenya in Collaboration with Kenya National Bureau of Statistics (KNBS) and Financial Sector Deepening Trust ( FSD Kenya) released the 2021 FinAccess Household Survey. To so high a degree, the surveys are used to improve the understanding of the financial inclusion landscape from the consumer side.

The Authority signed a Memorandum of Understanding (MOU) with the Directorate for Criminal Investigations to formalize the establishment of the SACCO Fraud Investigations Unit(SFIU) on 19th November 2021.