By News Desk
Family Bank has achieved a significant milestone after receiving national scale long-term and short-term issuer ratings of BBB+(KE) and A2(KE) respectively, with a stable outlook from Global Credit Rating (GCR), underscoring the Bank’s growing financial strength and readiness for future growth opportunities, including its anticipated listing on the Nairobi Securities Exchange (NSE).
Family Bank Chief Executive Officer Nancy Njau described the rating as a strong validation of the institution’s strategic direction and financial resilience.
The ratings, which cover the Bank and its subsidiaries, recognize Family Bank’s strengthened competitive position within Kenya’s Micro, Small and Medium Enterprise (MSME) sector. GCR cited the Bank’s resilient capital position, robust financial performance, strong liquidity profile, and sustained growth trajectory as key factors supporting the ratings.
Speaking on the achievement, Family Bank Chief Executive Officer Nancy Njau described the rating as a strong validation of the institution’s strategic direction and financial resilience.
“This rating is a strong endorsement of the progress we have made in strengthening our financial position and executing our aggressive five-year strategy. Our consistent year-on-year growth in profitability, assets, and capital strength demonstrates the resilience of our business model and our ability to create sustainable value for all stakeholders,” said Njau.
According to GCR’s assessment, Family Bank’s capital, funding, and liquidity profile provides a solid foundation for sustainable expansion. The Bank’s GCR Core Capital Ratio improved to 16.9 percent as of December 2025, up from 15.0 percent the previous year. Capitalization is projected to strengthen further to approximately 18.0 percent over the next 12 months, supported by improved asset quality, stable funding sources, and prudent liquidity management.
The positive rating comes as Family Bank continues to accelerate investments in digital transformation, customer-centric solutions, and MSME financing, positioning itself as a key player in driving economic growth and financial inclusion across Kenya.
“As we continue to invest in digital transformation, enhance customer experience, and deepen support for MSMEs, we remain focused on maintaining a strong balance sheet that enables us to support economic growth while delivering long-term returns to shareholders,” Njau added.
The rating is expected to boost investor confidence in the Bank as it advances its long-term growth agenda and strengthens its standing within Kenya’s highly competitive banking sector.
