FAMILY BANK CLEARED FOR NSE LISTING FOLLOWING CMA APPROVAL.
According to the bank, the decision not to raise fresh capital is informed by its strong financial position.
Family-Bank; Image Courtesy
By: Emmanuel Kipkoech.
Family Bank has received approval from the Capital Markets Authority (CMA) to list its shares on the Nairobi Securities Exchange (NSE), marking a major milestone for the lender and Kenya’s banking sector.
The bank is expected to officially list on the NSE on June 23, 2026, through a listing by introduction. This means existing shareholders will be allowed to trade their shares publicly without the bank issuing new shares or raising additional capital.
Speaking after the approval, Family Bank Managing Director Nancy Njau described the move as a key step in the bank’s long-term growth plan.
“Our vision to positively transform people’s lives in Africa has remained unchanged and this listing will accelerate the realization of that vision,” said Njau.
She added that the lender had spent several years preparing for the listing to ensure it entered the market from a position of financial strength.
“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,” she said.
Research by the Nairobi Securities Exchange shows that public listing improves transparency, corporate governance, and investor confidence in financial institutions.
According to the bank, the decision not to raise fresh capital is informed by its strong financial position. In 2025, Family Bank raised Sh8 billion through a private placement, surpassing its target of Sh6.09 billion by 131 percent.
Njau noted that the successful capital raising strengthened the lender’s balance sheet and positioned it for future expansion.
“Through the capital raising initiatives, we have strengthened our balance sheet and remain confident in our strategy and ability to deliver sustainable growth,” she said.
About Author
