Family Bank Limited has priced its shares at KES 18.00 per share ahead of its listing on the Nairobi Securities Exchange (NSE) under the Main Investment Market Segment (MIMS) on June 23, 2026.
The tier-two lender will list a total of 1,662,654,760 ordinary shares, each with a par value of KES 1.00, translating to an issued and fully paid-up share capital of KES 1.66 billion. The listing, which is structured as an introduction received approval from the Capital Markets Authority (CMA) in the previous week.
Standard Investment Bank (SIB) is advising on the transaction, with PricewaterhouseCoopers (PWC) serving as Reporting Accountant and Mboya Wangong’u & Waiyaki Advocates as Legal Advisors.
Established in 1984 as Family Finance Building Society, Family Bank evolved into a fully-fledged commercial bank. Throughout its journey, the bank has secured numerous recognitions and achieved key milestones.
Family Bank Key Milestones
- 2007 – Became a fully-fledged commercial bank.
- 2011 – Won the Best Bank Product Marketing Award.
- 2013 – Recognised as the Best Company to Work For at the Think Business Awards.
- 2015 – Named the Fastest Growing Bank in Kenya at the Think Business Awards. The bank also secured KES 4.3 billion to boost SME lending.
- 2017 – Awarded the Best SME Bank in Kenya. The bank also crossed the KES 1 billion mark in profit after tax.
- 2021 – Awarded Overall Best Bank in Digital Experience and Customer Responsiveness, and Best Tier-Two Bank in the Banking Industry by the Kenya Bankers Association (KBA) Survey 2021.
- 2022 – Recognised as the Best Tier-Two Bank in Customer Experience and the Second-Best Overall Bank in Customer Experience, according to the KBA Customer Satisfaction Survey.
- 2023 – Voted the Overall Second-Best Bank and Best Tier-Two Bank in Customer Responsiveness and Digital Banking Experience in a survey conducted by KBA.
- 2024 – Won the Service Excellence Award in the CX Social Impact & Sustainability category from the Institute of Customer Experience.
- 2025 – Raised KES 8.0 billion through a private placement offer, surpassing its KES 6.09 billion target by 31%.
Family Bank currently serves over 1.3 million customers through a network of 96 branches countrywide. The NSE listing will mark a key milestone in the bank’s growth journey.
