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.
Barclays Kenya Chief Executive Jeremy Awori. (Photo: File/Standard)
An increase in bad Kenyan bank loans should not cause panic as it comes after several years of fast lending growth, the chief executive of Barclays Kenya said on Wednesday.
The rise in bad debts over the past year has fuelled concerns about the stability of the country's 43 lender after the central bank had to take control of a third in nine months last week.
Premium Article
Get Full Access for Ksh299/Week.
Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
🔥 Flash Sale !
Subscribe now and enjoy 50% off monthly and annual plans. Offer ends in…
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.