Family Bank

Established in 1984, Family Bank is a financial institution that has successfully adopted a universal banking model that aims to gradually position the bank as a one stop-shop providing retail and consumer products, SME, agri-business, corporate banking, trade finance, and insurance products. The bank is present in 37 Kenyan counties and has a footprint of 94 branches. 

In partnership with the Kenya Investment Mechanism (KIM), Family Bank has committed to disburse loans worth $4.5 million (about KES500 million) to agri-businesses in 17 counties in the next year, as part of KIM’s efforts to unlock $520 million to SMEs in Kenya and East Africa. The bank has a goal to provide financing across dairy, horticulture, livestock and energy value chains.

Family Bank is also deliberate in building a sustainable and responsible business and has joined the UN Global Compact, to which it has committed $2.73 million (KES300 million) to advance inclusive development projects in sports, education, health, and water sectors.