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The Standard e-Paper
Truth Without Fear
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.
The Central Bank of Kenya (CBK) has admitted that it should have stepped in sooner to halt the collapse of three lenders in the past nine months.
According to current CBK Governor Patrick Njoroge, the regulator’s culture of leniency contributed to a build-up of misconduct in the industry.
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