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.
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Kenya's largest bank by assets, KCB Group, has announced a strategic move to bolster its digital capabilities by acquiring a 75 per cent stake in Riverbank Solutions Ltd, a homegrown financial technology (fintech) firm.
The lender said the acquisition, subject to regulatory approvals, aims to expand its digital footprint and enhance its value proposition for micro, small, and medium enterprises (MSMEs) across East Africa.
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