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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.
Loss-making microfinance banks (MFBs) might be forced to consolidate their operations after the Central Bank of Kenya (CBK) proposed a 12-fold increase in their minimum core capital.
In new draft regulations, CBK is pushing for a graduated increase of the microlenders’ minimum core capital to Sh250 million in five years, up from the current Sh60 million.
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