Business & Economy3 stories
Family Bank H1 2025 Profit Grows to Sh2.2bn as Liberty Kenya's Profit Falls 30% - August 2025
Family Bank Group reported a significant 38.7% growth in its half-year profit after tax, reaching Sh2.2 billion by June 30, 2025. The bank's impressive performance is attributed to robust revenue generation, strategic expansion, and its resilience in a dynamic economic environment. In contrast, Liberty Kenya Holdings Plc reported a decline in profit for the first half of 2025, with profit after tax from continuing operations falling by nearly 30% to KSh 428Mn. This drop was caused by a surge in insurance claims, particularly in the motor and medical segments. Liberty Kenya's total earnings dropped sharply by almost 59%.