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The Standard e-Paper
Kenya’s Boldest Voice
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.
NAIROBI: The closure of Chase Bank on April 7 caught thousands by surprise, and shook an already reeling banking sector.
Rumours of financial trouble hit a crescendo on social media on April 6 after the bank restated its results, showing it had under-reported loans to directors and employees.
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