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.
Thomas Kiyai chief executive officer Consolidated bank of Kenya taken on 25th August 2015. PHOTO:WILBERFORCE OKWIRI
Consolidated Bank is now looking for an investor to inject additional capital after a series of losses depleted its capital.
Yesterday, the State-owned lender disclosed that it has been consulting with the National Treasury to seek ways of recapitalising to give it strong muscles to underwrite bigger businesses.
Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access