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The Standard e-Paper
Kenya's Bold Newspaper
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.
Bank of Uganda (BOU) has urged commercial banks to be cautious when lending out money to individuals and institutions.
The lender said that the growth in lending by commercial banks had increased by 8 percent as of September 2018, as opposed to a previous mark of 1.5 percent in 2017. Lending rate averaged at 19.1 percent during the period under review.
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