×
The Standard e-Paper
Stay Informed, Even Offline
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 Commercial Bank (KCB) , the country's largest bank by assets, reported on Thursday a 16 percent rise in first-half pretax profit to 11.67 billion shillings ($133 million), driven by fees, commissions and foreign exchange trading income.
Bad debts were more than targeted at 8.8 percent of the portfolio, Chief Executive Joshua Oigara said, but added the outlook had brightened after the Kenyan government had paid contractors following earlier delays.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join