×
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.
The troubled National Bank of Kenya Thursday reported its biggest loss in eight years. The shocking Sh1.2 billion full-year loss for the year ended December 2015 kicked the lid off the depth of bad loans it dished out in the past year.
The loss comes just three months after it reported a Sh2.25 billion profit for the nine months of the same year, a result that was widely celebrated by the bank’s managers as its best performance in its 48-year history.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join