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Business News

62% profit from family Bank

By Eussania Adhiambo
August 20, 2026 1 Min Read
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Family Bank Group has posted a 62% jump in Profit After Tax to Ksh.3.7 billion for the six months ended June 30, 2026, up from Ksh.2.2 billion recorded in the first half of 2025.
The strong performance was underpinned by robust balance sheet expansion and disciplined cost management, reflecting continued execution of the Bank’s 2025–2029 strategy.

The results come as Family Bank builds on the momentum of its June 2026 listing on the Nairobi Securities Exchange.
The Bank’s balance sheet strengthened significantly, with total assets growing by 24% to Ksh.238.9 billion, driven by increased lending to the private sector.

During the period, the Bank disbursed Ksh.35.6 billion to retail and MSME customers and Ksh.15.2 billion to commercial customers. Customer deposits grew by 20% to Ksh.180.2 billion, supported by the Bank’s network optimisation strategy as well as continued customer engagement.

Operating expenses increased by 11% to Ksh.7.4 billion, reflecting investments in technology, people and continued branch optimisation.

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Eussania Adhiambo

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