Kenya National Police DT Sacco Reports Strong Financial Growth in Latest Annual Report

Nairobi, February 15, 2025 – The Kenya National Police DT Sacco has released its latest financial results, marking another year of significant financial growth and strategic success. The report highlights strong revenue performance, increased profitability, and enhanced member benefits, reinforcing the Sacco’s commitment to financial empowerment and operational efficiency.

Impressive Financial Performance

The Sacco reported a notable increase in interest revenue, rising from Ksh. 8.09 billion in 2023 to Ksh. 8.66 billion in 2024. This growth reflects smart investment strategies aimed at maximizing returns for members.

Net profit also saw an upward trend, reaching Ksh. 2.51 billion, up from Ksh. 2.47 billion in the previous year. This consistent profitability underscores effective financial management and strategic decision-making.

Enhanced Financial Stability and Member Benefits

Key financial indicators further emphasize the Sacco’s strong performance and stability:

• Capital Adequacy Ratio: 33% core capital to total assets, reinforcing a strong financial foundation.
• Liquidity Ratio: Improved to 30% (up from 27% in 2023), ensuring the Sacco’s ability to meet financial obligations.
• Operational Efficiency: The total expense-to-revenue ratio stands at 61%, demonstrating cost-effective management.
• Dividend Payout: Members received a 17% dividend rate on share capital, a substantial increase from 13% in 2023, further rewarding their investments.

Future Growth and Strategic Plans

With a focus on innovation and digital transformation, the Sacco is set to expand its digital services, introduce new financial products, and enhance member education programs.

A major milestone will be the Annual Delegates Meeting (ADM) on Friday, February 21, 2025, at Serena Hotel, Nairobi. During the event, the Sacco will celebrate its achievements and launch its 2025–2029 strategic plan, outlining key initiatives for sustained growth and financial inclusion.

Leadership’s Commitment to Members

Expressing his satisfaction with the year’s performance, Kenya National Police DT Sacco CEO, Mr. Solomon Angutsa, stated:

“This year’s results are a testament to our collective journey towards financial empowerment and security. We remain committed to a thriving and sustainable future for all our members.”

A Trusted Financial Partner

Founded with the vision of financial prosperity for its members, the Kenya National Police DT Sacco continues to lead with integrity, innovation, and a member-first approach. With branches across key regions, the Sacco remains a pillar of financial stability and growth for the police community and beyond.