Family Bank will debut on the Nairobi Securities Exchange on 23 June 2026, after the Capital Markets Authority granted formal approval for the lender to list by way of introduction.
A listing by introduction places the bank’s existing 1.305 billion shares on the NSE for public trading without issuing new shares. No fresh capital enters the bank. Instead, the mechanism opens the market to all investors, unlocks liquidity for current shareholders, and lets open trading set a transparent price for the stock.
Why Now
The timing reflects years of deliberate preparation rather than opportunism. Managing Director Nancy Njau framed it plainly: “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.”
The bank’s capital position anchors that confidence. In 2025, a Private Placement Offer raised KSh 8 billion against an initial target of KSh 6.09 billion, a 131 percent achievement. The proceeds fortified the balance sheet, removing any pressure to raise additional capital through the listing itself.
“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 to 2029 strategic plan anchored on being the preferred bank for biashara,” Njau added.
Momentum Heading Into the Debut
Family Bank recorded a 52.6 percent jump in profit after tax to KSh 1.6 billion in the first quarter ended March 2026, its strongest quarterly result on record. That follows a 55.4 percent surge in full year 2025 net profit to KSh 5.4 billion, up from KSh 3.5 billion the prior year.
The Q1 result was driven by net interest income, which climbed 45.4 percent to KSh 4.7 billion, on stronger returns from loans and investment in government securities. Total operating income grew 22.1 percent to KSh 6.0 billion, while the loan book expanded 12.6 percent to KSh 108.3 billion as the bank increased credit to the private sector.
Customer deposits rose 27.1 percent to KSh 168.1 billion, pushing total assets up 32.3 percent to KSh 230.2 billion.
Advisory Team
Standard Investment Bank serves as lead transaction advisor. PricewaterhouseCoopers acts as reporting accountants, with Mboya Wangong’u & Waiyaki Advocates providing legal counsel.
With CMA clearance secured and a listing date confirmed, Family Bank moves from years of preparation into Kenya’s public markets on its own terms.
