Advisers line up for Sh77m payout from Family Bank listing

Family Bank

Family Bank towers on Muindi Mbingu Street and Moktar Daddar Street in Nairobi.

Photo credit: File | Nation Media Group

Transactional advisers and other professionals facilitating the listing of Family Bank shares are in line for a Sh77.2 million payday, making them the latest beneficiaries of renewed deal-making activity in Kenya’s capital markets.

Providers of marketing and advertising services will take the bulk of the budget, with the bank setting aside Sh50 million to publicise its listing by introduction.

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