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Originally published by Capital Business
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business
June 23, 2026
1h ago

Family Bank debuts on NSE with Sh29.9bn valuation

Family Bank debuts on NSE with Sh29.9bn valuation

The listing marks the largest private-sector debut on the NSE in more than 17 years and allows existing shareholders to begin trading their shares on the exchange...

✨ Key Highlights

Family Bank has officially debuted on the Nairobi Securities Exchange (NSE), marking a significant moment for the Kenyan financial sector and its capital markets.

  • The bank's shares were listed with an introductory price of Sh18 each, valuing the lender at approximately Sh29.9 billion.
  • Key figures involved include Family Bank Founder T.K. Muya, CEO Nancy Njau, CBK Chair Andrew Musangi, and NSE CEO Frank Mwiti.
  • This listing represents the largest private-sector debut on the NSE in over 17 years and allows for existing shareholder trading without raising new capital.

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