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.
NCBA Group Managing Director John Gachora. [Jonah Onyango, Standard]
NCBA Bank has reported a 20.3 per cent growth in after-tax profit for the half year to June 30, shrugging off a drop in the revenues that the bank raked in from the Fuliza loan facility after a reduction in daily charges to borrowers.
This is as its rival Family Bank reported a drop in its profit, which it said was due to higher interest expenses.
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