×
The Standard e-Paper
Home To Bold Columnists
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.
Uganda's central bank said on Monday it had sold a majority stake in Imperial Bank to a Tanzanian financial institution, almost four months after taking it over due to concerns about its Kenyan parent company.
Formerly owned by Kenya's Imperial Bank Limited, Imperial Bank was a small player in Ugandan banking which was taken over after Kenyan authorities assumed management of the parent, citing "unsafe or unsound business conditions."
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join