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The Standard Group Plc is a
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Kenyan mid-sized lender Chase Bank said on Wednesday it would issue a medium-term, multi-currency bond worth up to 10 billion shillings ($103 million) to support its on-going expansion plans and strengthen the capital base.
Chase said in a statement it had already secured the necessary regulatory approval to issue the notes and to list them on the Nairobi Securities Exchange. Medium-Term Notes typically have maturities of between two to seven years.
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