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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.
Panic hit the banking sector Wednesday after a list of some banks circulated on social media with claims that they could be closed a day after the collapse of Imperial Bank.
This prompted the Central Bank of Kenya (CBK) to issue a statement to calm fears of a run on commercial banks, which could have devastating outcomes for the sector.
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