×
The Standard e-Paper
Stay Informed, Even Offline
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.
Family business-focused lender M Oriental Bank has revealed that it has stopped doing business with debt-ridden retailer Nakumatt.
Responding to a story carried by The Standard last month in which the retailer’s debt position was reported to have jumped from Sh18 billion to about Sh30 billion, M Oriental Bank said it no longer had exposure in Nakumatt.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join