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.
Chase bank customers view a notice pinned on the entrance of the bank's River road branch in Nairobi after it was placed under receivership for one year by Central bank of Kenya on 07/04/2016. Photo WILLIS AWANDU
Large depositors at Chase Bank will have to wait a little bit longer to access their money after the Central Bank of Kenya (CBK) pushed the bank’s full reopening to the next quarter.
The Standard has learned that negotiations are still ongoing on plans to inject new capital from a strategic investor even as CBK’s quarter-one timeline expires.
Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.