Nairobi, Aug. 18 -- Family Bank's net profit rose 61.8 percent to Sh3.7 billion in the half-year ended June 2026, supported by a faster growth in income from lending compared with operating costs.

The rise in net earnings from Sh2.28 billion posted in the preceding similar period was fuelled by a 40.7 percent growth in net interest income to Sh9.79 billion, up from Sh6.95 billion.

The lender increased its lending, issuing Sh48.8 billion in new loans over the six months. About Sh35.6 billion went to retail and micro, small and medium-sized enterprises (MSMEs), while commercial customers took up Sh15.2 billion.

"These numbers are as a result of commitment, collaboration, strategic clarity, disciplined execution of our strategy and the su...