×
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.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: [email protected]

Southern Credit, Equatorial Banks Merge

Living
In what is widely viewed as submission to the statutory requirement by the central bank of Kenya that all banks raise core capital to one billion shillings by the year 2012, southern credit bank and the equatorial commercial bank have signed a merger agreement that brings the two under the equatorial brand. Details of the deal, expected to be concluded within the next four weeks remain scanty. The two banks have until close of business, Wednesday to comply with statutory reporting requirements by publishing their statement of accounts for 2009.

Related Topics


.

Similar Articles

.

Recommended Articles