Family Bank shareholders will soon be able to trade their shares on the Nairobi Securities Exchange (NSE) after the lender received formal approval from the Capital Markets Authority (CMA) to list by way of introduction.
The nod, paves the way for the lender’s shareholders to begin trading their holdings on the bourse from June 23, 2026.
The listing by introduction will enable existing shareholders to trade their shares on the NSE while broadening investor participation and improving liquidity.
The move is also expected to facilitate transparent market-based price discovery for the bank’s shares.
Family Bank Managing Director Nancy Njau said the milestone marks a significant step in advancing the lender’s long-term growth ambitions across Africa.
“Our vision to positively transform people’s lives in Africa has remained unchanged and this listing will accelerate the realization of that vision,” Njau said.
“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.”
The lender emphasized that the listing is not intended to raise additional capital, citing its strong capitalization levels. Family Bank strengthened its capital base in 2025 through a private placement offer that raised Sh8 billion, exceeding its initial target of Sh6.09 billion by 31per cent.
“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,” Njau said.
“She added that the Bank is well positioned for growth per 2025–2029 strategic plan.
The NSE debut comes against a backdrop of strong financial performance. Family Bank reported a 55.4per cent increase in profitability in 2025 and maintained its growth momentum in the first quarter of 2026.
Profit after tax rose 52.6per cent to Sh1.6 billion from Sh1.0 billion during the same period last year, driven by growth in interest-earning assets, diversified income streams, and a robust balance sheet.
The June 23 listing is expected to further enhance the bank’s visibility in the capital markets while supporting its long-term value creation strategy.
The transaction is being advised by Standard Investment Bank (SIB) as lead transaction adviser, PricewaterhouseCoopers (PwC) as reporting accountants, and Mboya Wangong’u & Waiyaki Advocates as legal advisers.
