Harambee Sacco records 187pc rise in net surplus to Sh350m

Harambee Sacco CEO George Ochiri during the interview at his office in Nairobi on February 4. PHOTO | LUCY WANJIRU | NMG

Harambee Sacco has recorded a 187 percent rise in net surplus to Sh350 million on increased interest from members’ deposit in the year ended December 2021.

Interest from members' deposits rose from Sh1.1 billion to Sh1.44 billion. During the review period, deposits and savings grew by 5 percent to Sh22.54 billion.

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Note: The results are not exact but very close to the actual.