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The Standard e-Paper
Kenya's Bold Newspaper
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.
A review by The Standard of the latest Central Bank data shows Citibank NA Kenya, part of US-based Citigroup Inc, offered loans at an average rate of 10.59 per cent in July—the lowest among 38 commercial banks in the country.
It was closely followed by other foreign-owned lenders, Stanbic Bank Kenya, a unit of South Africa’s Standard Bank Group, at 12.30 per cent; Standard Chartered Bank Kenya at 12.81 per cent; and Ecobank Kenya at 12.87 per cent.
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