×
The Standard e-Paper
Home To Bold Columnists
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.
Stanbic Bank Kenya has posted a 33.4 per cent drop in profit for the first quarter of the year, attributed to a slowed global economic growth.
The lender made Sh1.5 billion profit for the quarter ended March 2020 compared to Sh2.3 billion posted in a similar period in 2019. Chief Executive Charles Mudiwa attributed the drop in profit to falling interest income, which reduced to Sh2.3 billion from Sh3.3 billion during a similar period last year.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join