×
The Standard e-Paper
Smart Minds Choose Us
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.
Kenya's Family Bank said on Thursday its profit for this year is likely to fall by at least 25 percent due to higher funding costs and expenses associated with a round of job cuts.
The mid-tier lender, whose shares are traded on the Nairobi Securities Exchange's Over-The-Counter market, said its pre-tax profit for the first nine months of this year plunged 46.6 percent to 1.45 billion shillings ($14.24 million), after costs rose.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join