Kenya’s Family Bank gears up for NSE debut in 2026

• Family Bank is now working to get the necessary approvals from the Central Bank of Kenya (CBK) and the Capital  Markets Authority (CMA) before the end of the year, now that it has the support of its shareholders.
• This process will make it easier for the bank’s shares to be listed on the NSE, which will allow for free trading and may draw in more investors.
• The move comes after a successful private placement, the results of which will be made public after the necessary legal steps are taken.

Family Bank shareholders have unanimously approved the bank’s plan to list on the Nairobi Securities Exchange (NSE) by way of introduction in 2026. The Kenyan bank can now list its existing shares without having to raise new capital, which will free up cash for current investors and make the market more visible.

This milestone was announced at an Extraordinary General Meeting (EGM) on Monday, implying that the lender is ready for faster growth. It also shows that the bank has been making strategic investments and staying strong in Kenya’s competitive banking market for the last ten years.

Family Bank Board Chairman’s Plan for Long-Term Growth

Lazarus Muema, the chairman of the Family Bank Board, said that the approval showed that the bank had strong fundamentals and had done a lot of planning.  Muema said at the EGM, “As a Board, we have taken time to prepare, to build value, and to make sure that when we list, it is from a position of strength.”

“This listing isn’t just for show; it’s also to make long-term value for our shareholders and set the Bank up for long-term growth.”  He said that the bank’s efforts to raise capital were important steps that modernized infrastructure and built trust with shareholders, making this big change possible.

CEO Stresses Financial Strength and Focus on Small Businesses

Nancy Njau, the CEO of Family Bank, agreed with the positive outlook, saying that the support from shareholders strengthens faith in the bank’s strategic direction and financial health.  Njau said, “Our current financial situation is the result of years of disciplined growth and good management of our balance sheet.”

“We have consistently delivered double-digit growth in profitability, maintained strong capital ratios well above regulatory requirements, and improved our asset quality.  Our dedication to long-term sectors like small and medium-sized businesses (SMEs) has been a big part of this success.”  Njau also said that the listing would improve governance and transparency, which would help the bank grow even more while still providing value to customers and shareholders.

Next Steps: Getting the green light from regulators and seeing how the market reacts

Family Bank is now working to get the necessary approvals from the Central Bank of Kenya (CBK) and the Capital Markets Authority (CMA) before the end of the year, now that it has the support of its shareholders.

This process will make it easier for the bank’s shares to be listed on the NSE, which will allow for free trading and may draw in more investors.  The move comes after a successful private placement, the results of which will be made public after the necessary legal steps are taken.

Family Bank’s rise to Tier One status is more than just a listing; it’s proof of how it has grown from a local lender to a national powerhouse.  The bank has not only survived tough economic times, but it has also become a driving force in Kenya’s entrepreneurial ecosystem by putting small and medium-sized businesses and sustainable finance first.

As the NSE listing happens in 2026, both investors and stakeholders will be watching closely to see how this could change the way people do business in East Africa’s banking sector.

Read also: Kenya’s Family Bank Commences trading its Corporate Bond at NSE