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The Standard Group Plc is a
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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 has said it will lift the moratorium on licensing of new commercial banks on July 1, 2025, which may see more lenders enter the market.
The moratorium, which has been in place from November 17, 2015, was imposed against a backdrop of governance, risk management, and operational challenges in the banking sector.
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