×
The Standard e-Paper
Join Thousands of Readers
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.
Equity Group’s acquisition of Congo’s Banqué Commerciale du Congo will help it grow its balance sheet to Sh1 trillion (USD9 billion) by the end of 2020 and diversify into a regional bank, chief executive James Mwangi said.
The deal between Equity’s operation in the Democratic Republic of Congo and BCDC was completed in August and has accelerated the bank’s goal of having 40 per cent of its balance sheet outside of Kenya, Mwangi said.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join