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.
NIC Bank has announced the end of its mandate as the asset and liability consultant for Imperial Bank, which is currently under receivership.
NIC was appointed to the role on June 21, last year by the Kenya Deposit Insurance Corporation (KDIC). As part of its mandate, NIC said yesterday, it among other things, undertook an assessment of the quality of the bank’s assets and liabilities and supported loan recovery processes.
Premium Article
Get Full Access for Ksh299/Week.
Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.