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 has completed acquisition of ProCredit Bank of the Democratic Republic of Congo after receiving regulatory approval from Kenya and DRC.
Making the announcement, Equity Group CEO James Mwangi said the transaction to acquire 79 per cent stake of ProCredit Holding issued shares was complete. ProCredit is an SME focused bank in the DRC.
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