T
Originally published by The Kenyan Wall Street
📰 Read Full Article
business
October 1, 2025
3h ago

Family Bank Inches Closer to NSE Listing

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.

Continue Reading

Read the complete article from The Kenyan Wall Street

📰 Read Full Article