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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.
Leading banks in the country displayed resilience despite the interest rate cap last year, with only four out of the 11 listed lenders recording double-digit percentage drop in net earnings.
This enabled them to retain dividends even as their share prices at the Nairobi Securities Exchange (NSE) rose on the news that they may be handed back a free hand to price loans by September.
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