×
The Standard e-Paper
Smart Minds Choose Us
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.
The Central Bank of Kenya (CBK) has dropped a demand that would have forced banks to increase loans to small businesses by 20 per cent.
The regulator seems to have bowed to pressure to drop the condition in a circular published yesterday, meaning the banks will now have a free hand in determining amounts lent to Small and Medium-sized Enterprises (SMEs).
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join