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Family Bank posts 52.6 percent rise in first-quarter profit

  • | Citizen TV
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    Duration: 1:30
    Family Bank Group has posted a 52.6 percent jump in earnings, recording a profit after tax of 1.6 billion shillings for the first quarter ending March 31, 2026. The lender’s strong performance was driven by growth in customer deposits, which rose by 27.1 percent to reach 168.1 billion shillings. The results were also supported by sustained growth in interest-earning assets and diversified income streams, backed by a strong balance sheet.