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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.
Kenya’s large banks saw their bad loans increase by Sh110.9 billion as borrowers ravaged by the effects of the Covid-19 pandemic struggled to service their credit facilities.
An analysis of financial results released by banks for the year ending December last year shows that non-performing loans (NPLs) for tier-one lenders rose by a third to Sh366.1 billion.
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