Name: FAMILY BANK
Item: FAMILY BANK
Author: Admin

Family Bank a commercial bank in May 2007. The bank is regularly inspected using CAMEL ratings which look at Capital, Assets, Management, Earnings and Liquidity. The bank is also a member of the Deposit Protection Fund (DPF) meaning that customers’ deposits are protected.
The bank has grown and has 92 branches ountrywide as compared to when it was established in 1985 with only one branch.it was the originator of paperless banking through smart card technology to enable customers to transact without filling forms.
In 2013 – the Bank hit the one Billion Shilling mark for the first time ever – more than doubling its pre-tax profit by 108% growth to 1.78billion.
The Bank has grown over the years. Its balance sheet has expanded over the past few years with the loan book, assets showing tremendous growth. It has over one million seven hundred thousand customers.
The bank is leveraging on the successful adoption of the universal banking model. The model aims at gradually positioning the Bank as a one stop-shop providing retail & consumer products, SME, agribusiness, corporate banking and Trade Finance and insurance products.

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FAMILY BANK

FAMILY BANK

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