The target is likely to intensify competition in Kenya's banking industry, where KCB Group, Equity Group and Co-operative Bank dominate the market.

The target is likely to intensify competition in Kenya's banking industry, where KCB Group, Equity Group and Co-operative Bank dominate the market.

Standard Bank wants to become Kenya’s largest lender by 2030, betting on acquisitions, infrastructure financing and East Africa’s growth despite rising economic risks