One of Kenya’s smallest lenders Family Bank with $62 million capital base gets nod to list on Nairobi Securities Exchange
Family Bank is one of Kenya’s largest tier-two lenders, serving more than 1.3 million customers through a network of 96 branches across 32 counties. The bank also operates over 5,000 agents, 148 ATMs and more than 103,000 merchant partners countrywide.
Family Bank first quarter profits jump 52.6 per cent to $12.3 million from $7.7 million in same period last year
According to the bank, total operating income rose by 22.1 per cent to Ksh6 billion from Ksh4.9 billion recorded in the corresponding period last year.
