Family Bank Shares

Investors to Trade Family Bank Shares on NSE Beginning 2026

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Family Bank shareholders have approved the lender’s plan to list its shares on the Nairobi Securities Exchange (NSE), allowing investors to trade Family Bank shares on the NSE starting 2026. This marks an important step in the bank’s long-term plan to transition into a Tier One financial institution.

According to the bank, the listing will be carried out by way of introduction, meaning Family Bank will not raise new capital or issue additional shares. Instead, it will make its existing shares available for trading on the NSE. This approach allows current Family Bank shareholders to trade their shares freely on the open market, unlocking liquidity and creating an opportunity for long-term value growth.

During the Extraordinary General Meeting (EGM) where the decision was approved, Family Bank Board Chairman Lazarus Muema said the plan reflects years of preparation aimed at strengthening the bank’s fundamentals before entering the public market.

“As a Board, we have taken time to prepare, to build value and to ensure that when we list, it is from a position of strength. This listing is not just about prestige but about creating long-term value for our shareholders and positioning the Bank for sustainable growth.” said Mr. Muema.

He added that the bank’s previous capital-raising efforts have been instrumental in supporting its growth strategy. These initiatives have strengthened the balance sheet, modernized the bank’s infrastructure, and set a solid base for the next phase of expansion.

“Over the years, our capital-raising initiatives have been building blocks that have strengthened our balance sheet, modernized our banking infrastructure, and positioned us for the next growth phase. These initiatives have also been a strong vote of confidence by our shareholders,” added Mr. Muema.

The shareholder approval follows the conclusion of a private placement exercise whose results will be disclosed once the necessary regulatory reporting is completed. This development further prepares Family Bank for the listing process as it seeks to expand its investor base.

Family Bank CEO Nancy Njau emphasized that the decision by shareholders demonstrates trust in the bank’s financial stability and operational direction.

“Our financial position today reflects years of disciplined growth and sound balance sheet management. We have consistently delivered double-digit growth in profitability, maintained strong capital ratios well above regulatory requirements, and improved our asset quality. This success has been anchored in our commitment to sustainable sectors such as SMEs,” she said.

She added that listing on the NSE will improve transparency, strengthen governance, and provide a platform for continued business growth.

“Listing will not only enhance transparency and governance but also position us for the next phase of our business growth as we continue to deliver value and build confidence among our customers and shareholders,” she concluded.

With the approval secured, Family Bank will now seek regulatory clearance from the Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) to proceed with the listing process before the end of the year.

Jefferson Wachira is a writer at Africa Digest News, specializing in banking and finance trends, and their impact on African economies.

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