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The brilliant banker
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Bunye: BPI Family turns 36, shoots for 170
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Family Bank eyes expansion in counties with bond funds
Summary
The tier-II bank said it would use the funds to increase its branch network from the current 92 outlets in 37 counties.
Thursday July 01 2021
Family Bank CEO Rebecca Mbithi during the bell-ringing ceremony to mark the start of trading of its corporate bond at the Nairobi Securities Exchange on June 30, 2021. PHOTO | DIANA NGILA | NMG
By ELIZABETH KIVUVA
Summary
The tier-II bank said it would use the funds to increase its branch network from the current 92 outlets in 37 counties.
Family Bank plans to expand its presence to all 47 counties as it gears up for tier-1 status in the next three years, with the drive being funded by the proceeds of its corporate bond that started trading on the Nairobi Securities Exchange (NSE) on Wednesday.
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