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Family Bank is set to officially list its shares on the Nairobi Securities Exchange (NSE) on June 23, following approval from the Capital Markets Authority (CMA).
The lender will be listed through an introduction, a process that allows existing shareholders to trade their shares on the stock market without the company issuing new equity. The move is expected to broaden investor participation and improve share liquidity on the bourse.
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The listing comes after Family Bank successfully completed its 2025 capital-raising programme, where it secured Sh8 billion through a private placement. This exceeded its initial target of Sh6.09 billion by 31 percent, reflecting strong investor confidence.
According to the bank, the additional capital has strengthened its financial position and will support its expansion strategy under the 2025–2029 strategic plan.
“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,” said Family Bank Managing Director Nancy Njau.
She added that the institution is well-positioned for growth under its strategy, which focuses on becoming the preferred financial partner for biashara (business).
The NSE debut comes amid strong financial performance by the lender. In the first quarter of 2026, Family Bank posted a net profit of Sh1.6 billion, marking a 52.6 percent increase compared to Sh1 billion recorded in the same period in 2025.
This growth was supported by a 42.2 percent rise in shareholders’ funds, which increased to Sh34.7 billion, boosted by the successful private placement and improved earnings performance.
Market analysts say the listing is expected to enhance the bank’s market visibility, improve share liquidity, and support its long-term growth ambitions.
The transaction was supported by Standard Investment Bank (SIB) as lead transaction adviser, with PricewaterhouseCoopers (PwC) acting as reporting accountants and Mboya Wangong’u & Waiyaki Advocates serving as legal advisers.
Family Bank becomes one of the latest financial institutions to join the NSE, adding momentum to trading activity and expanding investment opportunities in Kenya’s banking sector.
