Last deal

$4.9M
Local Amount - KES 805.M

Amount

Debt Financing

Stage

06.02.2024

Date

3

all rounds

$49.2M

Total amount

General

About Company
Family Bank is a Kenyan commercial bank that offers financial services to both small and large clients.

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founded date

01.01.1984

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Since 2007, Family Bank has been a fully-fledged commercial bank regulated by the Central Bank of Kenya and a member of the Deposit Protection Fund and Kenya Deposit Insurance Corporation. With a network of 93 branches across the country, the bank has over 1.7 million customers and was the first in Kenya to introduce paperless banking through smart card technology. Family Bank focuses on serving the lower end of the market, including small-scale farmers, salaried staff, micro, small- and medium-sized enterprises, youth and women, while also targeting large corporate clients to attract deposits.
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