Family Bank recorded a strong debut on the NSE, with its share price surging in early trading as the lender outlined plans for growth, expansion and a transition into a tier-one bank.

Marketing firms will take the biggest share of the transaction budget as the lender prepares to start trading on the Nairobi Securities Exchange.

Today, Family Bank boasts assets of Sh168.5 billion and a network of 95 branches, making it one of Kenya's largest lenders and the sixth-largest by branch network.