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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.
Central Bank of Kenya (CBK) loaned banks billions of shillings to remain afloat between June 2015 and 2016.
CBK lent over Sh44.6 billion to banks as it moved to restore confidence in the market during a banking crisis that saw Dubai Bank, Imperial Bank and Chase Bank shut down. Chase bank was later reopened.
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