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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.
Kenyan mid-sized lender Chase Bank said on Wednesday it had raised 4.8 billion shillings ($49.43 million) in the first tranche of an oversubscribed bond offer.
The lender had sought to raise 3 billion shillings but after receiving a subscription rate of 161 percent, it exercised an option to take up an additional 1.8 billion shillings.
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