Family Bank gets greenlight to list on the Nairobi Securities Exchange

The listing, which will be done by way of introduction, will allow current shareholders to trade their shares on the NSE, broaden investor participation by allowing other investors to trade the bank’s shares and enable the market to establish a fair and transparent price for the bank’s shares.

“Our vision to positively transform people’s lives in Africa has remained unchanged, and this listing will accelerate the realisation of that vision. In line with this ambition, and in our commitment to enhancing shareholder value and improving liquidity, the decision for the Bank to list follows years of strategic preparation to ensure we list from a position of strength,” said Family Bank Managing Director Nancy Njau.

The bank’s decision to list by introduction is underpinned by its strong capital position, as it remains well capitalised and does not seek to raise additional capital.

In 2025, the bank conducted a Private Placement Offer which successfully raised Ksh.8 billion against an initial target of Ksh.6.09 billion, representing a 131% achievement.

“Through the capital raising initiatives, we have strengthened our balance sheet and remain confident in our strategy, our capital position, and our ability to deliver sustainable growth and long-term value. The bank is well positioned for growth as per our 2025 – 2029 strategic plan anchored on being the preferred bank for biashara,” added Ms Nancy.

Following the exceptional 55.4% growth in profitability in 2025, Family Bank sustained its growth trajectory in Q1 2026, delivering a 52.6% increase in Profit After Tax to Ksh.1.6 billion, up from Ksh.1 billion, driven by sustained growth in interest-earning assets and diversified income streams, supported by a strong balance sheet.

With the approval, the bank will list on the Nairobi Securities Exchange on June 23, 2026 and marks the next step in the bank’s growth trajectory and long-term value creation journey.

The lead transaction advisors are Standard Investment Bank (SIB), PricewaterhouseCoopers (PwC) as the reporting accountants and Mboya Wangong’u & Waiyaki Advocates as the legal advisors.