Investors eye Sh2bn gain on Family Bank listing

Family Bank will list on the Nairobi Securities Exchange (NSE) on Tuesday, June 23, 2026, with a listing price of Sh18 per share. Investors who participated in last year's private placement, including KTDA, Kenya Orient Life Assurance, and Investments & Mortgages, stand to gain 24.1%, or a total of Sh1.93 billion. The bank had set the private placement price at Sh14.50 per share. While valuation methods priced shares as high as Sh43.06, a discount was applied to align with multiples of other listed banks.