Police DT SACCO assets hit Sh66.6bn, pays Sh4.1bn to members - Capital Business
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Police DT SACCO assets hit Sh66.6bn, pays Sh4.1bn to members

Total assets rose from Sh59 billion in 2024 to Sh66.6 billion, while revenue increased to Sh15.27 billion. Deposits remained above Sh36 billion, reinforcing the SACCO’s liquidity and lending capacity.

NAIROBI, Kenya, Feb 21 – Kenya National Police DT SACCO has reported strong financial results for 2025, posting double-digit growth in assets and revenue while paying out Sh4.1 billion to members.

Total assets rose from Sh59 billion in 2024 to Sh66.6 billion, while revenue increased to Sh15.27 billion. Deposits remained above Sh36 billion, reinforcing the SACCO’s liquidity and lending capacity.

Chief Executive Officer Solomon Angutsa Atsiaya said members had already begun receiving returns.

“We declared a dividend of 17 percent and interest on deposits of 11 percent. Following delegate approval, Sh4.1 billion has been disbursed. We encourage members to plough back their returns — reinvestment strengthens their capital and leads to higher future dividends,” he said.

The SACCO serves about 75,000 members and is targeting Sh100 billion in assets within five years.

“Growth is not just about numbers — it is about improving members’ financial wellbeing. Saving is the foundation of wealth creation,” Angutsa added.

Principal Secretary in the State Department for Cooperatives Patrick Kiburi Kilemi, delivering the speech of Cabinet Secretary Wycliffe Oparanya, emphasized reforms including a SACCO Stability Fund and a Deposit Guarantee Fund.

“The era of unsupported dividends from non-existent surpluses is over. Compliance is not negotiable. Accountability is not optional,” he stated.

Chairman David Mategwa credited disciplined governance for the SACCO’s performance.

“The growth from Sh59 billion to Sh66.6 billion reflects sound strategy and the confidence our members place in this institution,” he said.

The Annual Delegates Meeting also approved a capital investment plan of Sh2.49 billion for ICT modernization, cybersecurity, systems upgrades, and infrastructure development aimed at enabling 24/7 mobile access for members.

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