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The Standard Group Plc is a
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Standard Chartered Bank (SCB) Kenya Limited has launched an insurance agency business, as the lender looks to grow its earnings from new business lines. It now joins Kenya Commercial Bank Group, another big player in the banking business, which launched a similar product in April this year.
This comes as more players in the banking industry eye the insurance sector-where penetration is still low- by deploying their wider distribution channels and innovation, to push for more business.
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