The banking sector asset quality has improved, likewise finance companies. The other financial institutions under the Central Bank supervision also are performing very well. The Superannuation industry continues to report improvement and good results. Likewise work to improve the life insurance industry is continuing.
The Savings & Loan Society movement The Savings and Loan Societies movement, which is currently comprised of 21 active Societies, has grown in terms of their asset base and membership. Over the past six (6) years, the total assets in the movement have grown from K126 million to over K332 million.