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Family Bank

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In 2013, the bank acquired a building in central Nairobi that serves as its headquarters and is currently undergoing renovation to carry its corporate image. This is the same building where founder Mr. TK Muya had rented a small space that served as both a branch and his office.
287:, acquired a 25% stake in Family Bank for a cash sum of US$ 14.3 million. Two years later, that stake was sold to two Kenyan corporations, for an estimated price of US$ 21.3 million (KES:1.84 billion). The company shares are traded over-the-counter, with plans to list on the 236:. Titus Muya, the former non-executive chairman of Family Bank served as the founding chairman and chief executive officer for the first twenty-three years of the organisation. In 2007, it became a commercial bank, following the issuance of a banking license by the 224:. As of 31 December 2017, the bank's total assets were valued at KSh69.12 billion (approximately US$ 696 million), with shareholders' equity of KSh11.75 billion (approximately US$ 118.3 million). 657: 1288: 735: 599: 2048: 1411: 1993: 847: 244:, to comply with current Kenyan banking regulations. Since converting to a commercial bank, FBL has been pursuing an expansion of its branch network. 2082: 535: 272: 2162: 1354: 567: 2157: 1988: 2152: 1387: 1344: 1128: 1002: 825: 763: 1201: 606: 1113: 1082: 1047: 840: 1421: 1265: 962: 1453: 1012: 317: 2064: 1416: 1123: 982: 1473: 632: 2031: 1349: 937: 1458: 1197: 972: 952: 942: 833: 459:
In February 2021, the bank opened its 92nd networked brick-and-mortar branch, in the Nairobi neighborhood called
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In 2010, the bank diversified into the insurance industry through a subsidiary Dhamana Insurance Agency.
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The chairman of the board of directors is Wilfred D. Kiboro, one of the non-executive directors.
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of FBL are privately owned by institutional and individual investors. In October 2010, a
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As of June 2015, the bank's shareholding was as follows:
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is the chief executive officer, effective 2 January 2024.
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consisting of private equity firm AfricInvest, based in
736:"Equity Firms Sell Family Bank Stake To KTDA, Laptrust" 710:"Kenya: Family Bank Outlines Branch Expansion Plans" 2075: 2057: 2009: 2002: 1981: 1930: 1484: 1312: 1279: 1246: 1183: 1142: 1096: 888: 870: 163: 153: 141: 128: 106: 76: 62: 44: 34: 26: 137:Aftertax:US$ 10.1 million (KES:1.0 billion) (2017) 220:Family Bank is a medium-sized commercial bank in 2049:United States International University Africa 1381: 841: 8: 1355:Structured Financial Messaging System (SFMS) 21: 363:Standard Chartered Kenya Nominees A/C 9660B 2006: 1388: 1374: 1366: 848: 834: 826: 764:"Family Bank MTN – Information Memorandum" 296: 149:US$ 696 million (KES:69.12 billion) (2017) 20: 633:"Company Overview of Family Bank Limited" 1345:National Electronic Fund Transfer (NEFT) 593: 591: 589: 526: 234:Family Finance Building Society Limited 788:Margaret Njugunah (12 February 2021). 605:. Nairobi: Family Bank. Archived from 536:"Kiboro Joins Family Bank As Chairman" 712:. CAJ News Agency (Johannesburg) via 7: 2110: 734:Mutegi, Mugambi (18 December 2012). 566:Phyllis Muchoki (23 November 2023). 561: 559: 1989:Jomo Kenyatta International Airport 14: 1350:Real Time Gross Settlement (RTGS) 708:Langat, Anthony (6 August 2014). 2121: 2109: 1129:Kenya Mortgage Refinance Company 1003:Housing Finance Company of Kenya 857: 769:. Family Bank. 30 September 2015 687:"Profile of Family Bank Limited" 489: 232:The bank was founded in 1984 as 212:and national banking regulator. 133: 132: 1097:Financial services organization 631:Bloomberg L.P. (1 March 2019). 330:The Estate of Rachel Njeri Muya 1320:Automated Teller Machine (ATM) 534:John Njiru (2 November 2012). 1: 1266:Kenya Women Microfinance Bank 963:East African Development Bank 598:Family Bank (28 March 2018). 200:, the largest economy in the 2163:1984 establishments in Kenya 1299:United Nations Sacco Society 318:Kenya Tea Development Agency 298:Family Bank Stock Ownership 908:African Banking Corporation 50:; 40 years ago 2179: 2158:Companies based in Nairobi 1330:De-Materialisation (DEMAT) 938:Consolidated Bank of Kenya 387:Kenya Orient Insurance Ltd 341:Daykio Plantations Limited 2153:Banks established in 1984 2106: 1470: 1407: 1248:Microfinance Institutions 1198:Commercial Bank of Africa 953:Development Bank of Kenya 943:Cooperative Bank of Kenya 398:Julius Brian Kiondo Muyah 1340:Foreign Exchange (FOREX) 1256:Choice Microfinance Bank 1088:Victoria Commercial Bank 1078:Standard Chartered Kenya 1043:Paramount Universal Bank 204:. It is licensed by the 2118:at Wikimedia Commons . 2088:Nairobi National Museum 1994:Mombasa–Nairobi Railway 572:Financial Fortune Media 1478: 1294:Mwalimu National Sacco 1289:Imarisha Sacco Society 1271:SMEP Microfinance Bank 1083:United Bank for Africa 1033:National Bank of Kenya 1023:Middle East Bank Kenya 818:Website of Family Bank 505:List of banks in Kenya 289:Nairobi Stock Exchange 202:East African Community 16:Kenyan commercial bank 2027:Strathmore University 2017:University of Nairobi 1476: 1233:Imperial Bank Limited 1109:Equity Group Holdings 1018:Kenya Commercial Bank 880:Central Bank of Kenya 741:Business Daily Africa 689:. Family Bank Limited 665:Central Bank of Kenya 510:Central Bank of Kenya 309:Percentage Ownership 291:(NSE) in the future. 238:Central Bank of Kenya 206:Central Bank of Kenya 188:), commonly known as 1477:Nairobi Coat of Arms 1223:Giro Commercial Bank 1013:Kingdom Bank Limited 998:Habib Bank AG Zurich 2022:Kenyatta University 983:Guaranty Trust Bank 299: 242:Family Bank Limited 182:Family Bank Limited 155:Number of employees 23: 2044:Daystar University 1479: 1335:Financial services 1200:(Formerly part of 958:Diamond Trust Bank 297: 39:Financial services 2135: 2134: 2071: 2070: 1363: 1362: 993:Gulf African Bank 933:Citibank NA Kenya 903:Access Bank Kenya 635:. 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Retrieved 783: 771:. Retrieved 758: 746:. Retrieved 739: 729: 717:. Retrieved 703: 691:. Retrieved 681: 669:. Retrieved 652: 626: 614:. Retrieved 607:the original 576:. Retrieved 571: 546:. Retrieved 541:Daily Nation 539: 529: 497:Banks portal 474: 458: 446: 441: 420:Mark Keriri 293: 258: 249: 246: 241: 233: 231: 219: 210:central bank 189: 185: 181: 180: 159:1,324 (2019) 144:Total assets 90: 82: 63:Headquarters 27:Company type 18: 2093:Times Tower 1847:Shauri Moyo 1842:Sarang'ombe 1557:Imara Daima 1532:Githurai 44 1426:Government 1261:Faulu Kenya 1068:Sidian Bank 978:Family Bank 973:Equity Bank 948:Credit Bank 799:15 February 792:. Nairobi: 663:. Nairobi: 578:28 December 277:Netherlands 190:Family Bank 123:debit cards 22:Family Bank 2142:Categories 2098:Uhuru Park 2037:Law School 1882:Upper Hill 1752:Muthangari 1732:Mugumo-ini 1667:Kwa Njenga 1642:Kileleshwa 1622:Kawangware 1612:Kariobangi 1547:Hurlingham 1238:Spire Bank 1228:Habib Bank 1193:Chase Bank 1134:NCBA Group 1058:Prime bank 773:13 October 640:Retrieved 521:References 477:Nancy Njau 471:Governance 265:consortium 169:familybank 92:Nancy Njau 78:Key people 2076:Landmarks 2060:secondary 2003:Education 1982:Transport 1973:Westlands 1943:Dagoretti 1917:Zimmerman 1912:Viwandani 1902:Westlands 1802:Parklands 1697:Makongeni 1662:Korogocho 1572:Lavington 1537:Highridge 1517:Eastleigh 1502:Dagoretti 1464:Transport 1422:Education 1412:Buildings 1218:Fina Bank 1213:Euro Bank 1202:CBA Group 1165:HDFC Bank 1160:FirstRand 1124:KCB Group 1104:DTB Group 1048:Post Bank 1038:NCBA Bank 928:CIB Kenya 898:Absa Bank 748:11 August 743:(Nairobi) 719:11 August 693:11 August 548:11 August 461:Eastleigh 409:Ann Njeri 255:Ownership 2058:Primary/ 2010:Tertiary 1963:Makadara 1953:Kasarani 1948:Embakasi 1897:Waithaka 1822:Roysambu 1807:Pipeline 1757:Mutu-ini 1747:Muthaiga 1717:Mihang'o 1712:Matopeni 1692:Makadara 1682:Madaraka 1657:Komarock 1652:Kitisuru 1647:Kilimani 1617:Kasarani 1592:Kaloleni 1567:Lang'ata 1542:Highrise 1522:Embakasi 1497:Buruburu 1442:Timeline 1114:HF Group 671:29 March 483:See also 465:counties 216:Overview 115:checking 107:Products 87:Chairman 35:Industry 2115:Nairobi 1968:Pumwani 1938:Central 1907:Woodley 1887:Utawala 1867:Starehe 1857:South C 1852:South B 1832:Ruaraka 1812:Pumwani 1797:Pangani 1772:Ng'ando 1742:Muirigo 1707:Mathare 1702:Marurui 1687:Majengo 1632:Kiambiu 1602:Kangemi 1577:Loresho 1562:Jericho 1512:Donholm 1507:Dandora 1437:History 1417:Economy 1397:Nairobi 1304:Unaitas 1175:Nedbank 642:1 March 616:1 March 285:Norfund 275:of the 269:Tunisia 228:History 192:, is a 164:Website 129:Revenue 119:savings 67:Nairobi 53: ( 45:Founded 30:Private 1958:Kibera 1922:Ziwani 1892:Uthiru 1817:Riruta 1737:Mukuru 1727:Mowlem 1637:Kibera 1627:Kayole 1597:Kamulu 1587:Kahawa 1552:Huruma 1527:Gigiri 1492:Bahati 1454:People 1281:SACCOs 447:100.00 434:35.27 431:Others 344:12.30 333:13.42 322:15.45 281:Norway 208:, the 99:& 1877:Umoja 1872:Thome 1837:Runda 1792:Ofafa 1787:Nyayo 1782:Njiru 1777:Ngara 1762:Mwiki 1677:Kyuna 1672:Kware 1607:Karen 1459:Sport 1449:Media 1401:Kenya 767:(PDF) 661:(PDF) 610:(PDF) 603:(PDF) 442:Total 423:2.68 412:2.68 401:2.69 390:2.86 379:3.57 366:3.73 355:5.34 261:stock 222:Kenya 198:Kenya 111:Loans 71:Kenya 2083:KICC 1827:Ruai 1170:HSBC 801:2021 775:2015 750:2014 721:2014 695:2014 673:2016 644:2019 618:2019 580:2023 550:2014 303:Rank 279:and 55:1984 48:1984 417:10 283:'s 273:FMO 196:in 186:FBL 173:.ke 171:.co 101:CEO 2144:: 1399:, 738:. 588:^ 570:. 558:^ 538:. 467:. 428:11 271:, 117:, 113:, 69:, 1389:e 1382:t 1375:v 1204:) 849:e 842:t 835:v 803:. 777:. 752:. 723:. 697:. 675:. 646:. 620:. 582:. 552:. 406:9 395:8 384:7 371:6 360:5 349:4 338:3 327:2 314:1 184:( 57:)

Index

Financial services
Nairobi
Kenya
Chairman
Nancy Njau
Managing Director
CEO
Loans
checking
savings
debit cards
Total assets
familybank.co.ke
commercial bank
Kenya
East African Community
Central Bank of Kenya
central bank
Kenya
Central Bank of Kenya
stock
consortium
Tunisia
FMO
Netherlands
Norway
Norfund
Nairobi Stock Exchange
Kenya Tea Development Agency
PA Securities

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