NAIROBI, Kenya, June 11 – Family Bank will begin trading its shares on the Nairobi Securities Exchange (NSE) on June 23 after receiving approval from the Capital Markets Authority (CMA).
The bank will be listed by way of introduction, allowing existing shareholders to freely trade their shares on the bourse while widening investor participation without issuing new shares.
The listing follows Family Bank’s successful capital-raising efforts in 2025, when it raised Sh8 billion through a private placement against an initial target of Sh6.09 billion, surpassing the target by 31 percent.
The additional capital has strengthened the bank’s balance sheet and supported its expansion plans under its 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.
“The Bank is well positioned for growth as per our 2025–2029 strategic plan anchored on being The Preferred Bank for Biashara.”
The NSE debut comes as the lender continues to post strong financial performance.
In the first quarter of 2026, Family Bank recorded a net profit of Sh1.6 billion, representing a 52.6 percent increase from the Sh1 billion posted during the same period in 2025.
The growth was supported by a 42.2 percent rise in shareholders’ funds to Sh34.7 billion, reflecting the impact of the successful private placement and improved profitability.
Market analysts expect the listing to enhance the bank’s visibility among investors and provide liquidity for existing shareholders while supporting its long-term growth ambitions.
The transaction was advised by Standard Investment Bank (SIB) as lead transaction adviser, with PricewaterhouseCoopers (PwC) serving as reporting accountants and Mboya Wangong’u & Waiyaki Advocates acting as legal advisers.
Family Bank becomes the latest lender to join the NSE, expanding investment opportunities in the banking sector and deepening activity at the local bourse.
