Family Bank half-year profit up 39pc to Sh2.3b

Nancy Njau, Family Bank Limited Chief Executive & Managing Director speaking during the release of the bank’s half year financials in Nairobi. She is flanked by Paul Ngaragari, the bank’s Chief Financial Officer (centre) and Eric Murai, the Company Secretary and Chief Legal Officer.[Graham Kajilwa/Standard]

Tax efficiency measures propelled Family Bank into a 38.7 per cent jump in profit after tax to Sh2.3 billion for the six months ended June 30, 2025.

The lender's asset base expanded to Sh192.7 billion over the six months, up from Sh158.3 billion in a similar period in 2024, reflecting a growth of 21.8 per cent.