Kenya’s Family Bank secures approval for long-awaited NSE listing

Family Bank, a Kenyan bank with assets worth KES 230.3 billion ($1.78 billion), has received the Capital Markets Authority’s approval to list on the Nairobi Securities Exchange on June 23.

The listing will allow existing shareholders to trade their shares on the NSE without raising new capital. It comes after Family Bank raised KES 8 billion ($61.8 million) in a 2025 private placement,…