Bandari Deposit-Taking Sacco posted excellent financial results amid a turbulent economic environment.
The Sacco crossed the ten billion mark after its total assets increased by six per cent from Ksh 9.5 billion in 2019 to Ksh 10.014 billion in 2020, which is an indicator of a financially strong institution. At the same time, the Sacco’s non-withdrawable deposits rose by nine per cent to reach Ksh 6.54 billion in 2020 to Ksh 6 billion in 2019.
Bandari Sacco announced a payout of dividend on share capital at a rate of 18 per cent and interest on members’ deposits at the rate of 10 per cent.
