Marketing firms will take the biggest share of the transaction budget as the lender prepares to start trading on the Nairobi Securities Exchange.
Family Bank lists on Kenya's NSE at Sh30B valuation; Sh77.2M in advisor fees amid East African deal-making resurgence. Kenya's market revival after 12+ years reopens funding windows for startup ecosystems and M&A exit strategies across Africa.
By
George Ngigi
Correspondent
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.
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The lender’s issued shares will grow to 1.85 billion from the current 1.66 billion, which will give it a starting market…
Family Bank will debut on the Nairobi Securities Exchange at Sh18 per share.
The bank's listing will be the second this year following Kenya Pipeline Company’s initial public offering in March.
Kenya’s Family Bank has been cleared by the regulator, the Capital Markets Authority, for stock market listing after record…
Family Bank recorded a strong debut on the NSE, with its share price surging in early trading as the lender outlined plans for…
The listing comes at a crucial time for Kenya's capital markets, as the NSE seeks to revive new listings following years of…
