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.
Credit bank along Koinange Street, Nairobi. [Elvis Ogina, Standard]
Credit Bank is seeking shareholders' nod to sell a 20 per cent stake to a US-based fund.
The bank's board has called for an extraordinary general meeting on December 13 during which shareholders will vote on whether the lender should finalise the deal with Shorecap Fund.
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