Increased lending grows Family Bank's half-year profit to Sh1.6 billion

Family Bank CEO Rebecca Mbithi and Aqua for All MD Josien Sluijs during the signing of a Sh350m partnership deal in July 2022. [James Wanzala, Standard]

Family Bank Group has posted a net profit of Sh1.6 billion in the first six months of this year, up from Sh1.2 billion in the same period last year.

Net interest income also rose from Sh3.7 billion over the period to June 30, 2022, to Sh4.1 billion, buoyed by increased loans and advances.