Nancy Njau, CEO Family Bank
Family Bank Group has recorded a 56% rise in Profit After Tax to KES 3.5 billion for the nine months ending September 30, 2025, up from KES 2.3 billion in the same period last year. The strong performance was driven by sustained growth in interest income, a solid balance sheet, and prudent cost management.
Total assets increased by 24.1% to KES 202.5 billion, supported by higher investments in government securities, which rose to KES 39 billion. The loan book expanded by 10.1% to KES 103.7 billion, while total interest income grew by 21.2%, largely from loans and government securities. The bank closed the period with KES 10.9 billion in net interest income.
Non-funded income grew by 14.4%, driven by increased customer transactions, continued investment in digital solutions, and partnerships targeting SME lending.
CEO Nancy Njau attributed the results to the Bank’s effective execution of its strategic priorities, noting the institution’s focus on innovation, digital transformation, customer-centricity, and partnerships geared toward scaling SME lending as it prepares for a planned NSE listing in 2026.
Customer deposits rose by 15.3% to KES 146.8 billion, reflecting strong customer confidence. Operating expenses increased by 33%, mainly due to moderate staff cost growth and higher loan loss provisioning, which rose to KES 1.3 billion.
Core capital strengthened to KES 19.6 billion from KES 14.7 billion, while the liquidity ratio stood at 54.4%, well above the statutory 20%, underscoring the Bank’s strong capital position and financial stability.