Family Bank set to list on NSE at Sh30bn valuation

Family Bank Managing Director, Nancy Njau.

Photo credit: File | Nation Media Group

Family Bank Limited is set to list at a valuation of Sh29.9 billion or Sh18 per share, making it the eleventh largest bank by market capitalisation on the Nairobi bourse.

Disclosures by the lender place the listing/introduction price per share at Sh18 ahead of its addition to the Nairobi Securities Exchange (NSE) main investment market segment next Tuesday.

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