Trans Nation (TN) Sacco registered tremendous growth in the last year enabled by migration to more stable, reliable, and robust digital banking platforms.
Financial Statements presented during the Sacco’s 29th Annual General Meeting held recently at Chuka show a stable and fast-growing Society with visionary leadership. The Sacco posted growth in all key areas in the financial year ended 31st December 2021, with its total assets increasing by 23% from Ksh 6.6billion in 2020 to Ksh 8.1 billion in 2021. The Sacco total revenue jumped by 23% to hit Ksh1.51 billion, up from Ksh1.23 billion in 2020.
“The Board is delighted to inform members that the year 2021 dividend on shares will be paid at the rate of 18% and interest on deposits at the rate of 13.1%,” said Mr Edwin Kaburu.
