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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.
Investment management firm Cytonn projects the banking sector to continue with consolidation as smaller and weaker banks struggle to remain afloat.
In its banking sector report titled “Consolidation and Resilience in a Challenging Operating Environment,” the firm says the low valuations on most of the banks has made them easy prey for their counterparts with stronger financial muscles.
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