Family Bank CEO Nancy Njau /HANDOUT
Family Bank Group’s profit after tax for the year ended 2025 grew
by 55.4 per cent to Sh5.4 billion, primarily driven by growth in both interest
and non-interest incomes.
The profit jump is from the Sh3.5 billion reported the
previous year.
Net loans and advances expanded by 14 per cent to Sh105.9 billion mainly driven by
lending to MSMEs while investment in government securities recorded 45 per cent
growth to Sh74 billion.
This reflects the growth in interest-earnings, which went up
46 per cent to Sh15.6 billion, while non-interest income which includes revenue
generated from fees, commissions, and trading gains, recorded a five per cent growth to Sh4.6
billion.
During the period under review, total assets grew by 23.8
per cent to Sh208.7 billion.
The bank raised Sh8 billion equity capital through private
placement which was oversubscribed by 131 per cent.
“The year 2025 marked
a pivotal start of our five-year strategic plan which is anchored on compelling
customer propositions and digital transformation,” Family Bank CEO Nancy Njau
said.
“We continued to invest in digital capabilities and optimisation
of our distribution network to enhance customer experience and improve our
product offering, positioning the Bank for sustainable growth.”
The lender, she said, also continued investments employees
through capacity building and enabling work environment, which contributed to
the good performance.
“Partnerships with Development Finance Institutions
strengthened our capacity to lend to key sectors such as SMEs, agribusiness and
manufacturing, contributing to the expansion of our loan book,” she said.
The bank’s liquidity ratio remained well above the statutory
requirement at 60.9 per cent , while all the capital adequacy ratios remained
well above the regulatory threshold.
Family Bank shareholders last year approved plans to list
the lender on the Nairobi Securities Exchange (NSE).
This strategy enables existing shares to trade publicly
without raising new capital, aiming to enhance liquidity and boost shareholder
value.