×
The Standard e-Paper
Kenya’s Boldest Voice
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Unaitas Sacco has reported 26 percent jump in profitability to 426 million from 338 million for the financial period ended December 2018, buoyed by an increase in loans advanced, prudent non- performing loan recovery efforts and a reduction in overall costs due to digitisation and automation of services.
Total income grew to Sh1.8 billion representing a 14 percent growth from the previous year when it stood at Sh1.62 billion. Interest income contributed 83 percent of the total income after robust loan recovery efforts put in place last year began bearing fruit.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
Prefer the Standard on Google
join