Family Bank Inches Closer to NSE Listing
Family Bank shareholders will vote on October 27, 2025, on an NSE listing by introduction, a move aimed at boosting liquidity and transparency...
✨ Key Highlights
Family Bank shareholders will hold an Extraordinary General Meeting on October 27, 2025, to vote on listing the bank’s ordinary shares on the Nairobi Securities Exchange (NSE) by introduction. This move aims to enhance liquidity for shareholders and improve transparency.
- In H1 2025, Family Bank's net profit increased by 39% to KSh 2.28 billion.
- The Bank’s board is considering an Initial Public Offering (IPO) if market conditions are favorable.
- The proposed listing would be the first major bank entry on the NSE in years, potentially revitalizing market activity.
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NSE Launches Banking Index, Family Bank Seeks Listing, and Visa Pilots Stablecoin Payments in Kenya - October 2025
The Nairobi Securities Exchange (NSE) launched a new Banking Sector Index on October 1, 2025, which will serve as a benchmark for investors and support the creation of new products like exchange-traded funds. Following this, Family Bank announced its shareholders will hold an Extraordinary General Meeting on October 27, 2025, to vote on listing the bank’s shares on the NSE by introduction. This move is intended to enhance liquidity for shareholders and improve transparency. In the financial technology space, Visa has launched a pilot program in Kenya enabling businesses to use stablecoins to pre-fund cross-border payments. This initiative, utilizing the Visa Direct platform, aims to reduce costs and ease liquidity pressures for financial institutions like banks and remittance providers.
