{"id":5255,"date":"2022-08-30T07:10:49","date_gmt":"2022-08-30T04:10:49","guid":{"rendered":"https:\/\/familybank.co.ke\/family-bank\/?p=5255"},"modified":"2022-08-30T07:10:49","modified_gmt":"2022-08-30T04:10:49","slug":"family-bank-records-a-kes-2-3-billion-profit-before-tax-in-the-first-half-of-2022","status":"publish","type":"post","link":"https:\/\/familybank.co.ke\/?p=5255","title":{"rendered":"Family Bank Records a KES 2.3 Billion Profit Before Tax in the First Half of 2022"},"content":{"rendered":"<p>Family Bank Group has posted a KES. 2.3 billion Profit Before Tax in the first six months of 2022. This is a remarkable 37.4 % increase in Profit before tax compared to KES 1.7 billion registered in the same period in2021.<\/p>\n<p>The profit growth was driven by 24% growth in net interest income to KES 6.1 billion from KES 4.9 billion. This growth was in line with the loan book growth of 19.3 % closing at KES. 75.6 billion up from KES. 63.4 billion in June 2021.<\/p>\n<p>Digitization and income diversification saw the non-funded income grow by 21% from KES 1.5 billion to KES 1.9 billion. Further, the Bank\u2019s investments in efficiencies continued to pay off which saw the operating expenses increase marginally by 2% to KES 3.6 billion in June 2022 up from KES 3.5 billion in June 2021.<\/p>\n<p>\u201cWe continue to focus on supporting our customers across diverse sectors of our economy through partnerships, digitization and other innovative solutions that provide a compelling value proposition for them. We have seen a growth in loans and advances as we continue to on-lend to our customers to support business and personal growth.,\u201d said Family Bank CEO Rebecca Mbithi.<\/p>\n<p>Total deposits increased by 19% to close at KES 90.7 billion from KES 76 billion in June 2021 while total assets increased by 24% from KES 100 billion to KES 124 billion in June 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Family Bank Group has posted a KES. 2.3 billion Profit Before Tax in the first six months of 2022. This is a remarkable 37.4 % increase in Profit before tax compared to KES 1.7 billion registered in the same period in2021. The profit growth was driven by 24% growth in net interest income to KES [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5256,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsfeed"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Family Bank Records a KES 2.3 Billion Profit Before Tax in the First Half of 2022 - Family Bank Limited, Kenya<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/familybank.co.ke\/?p=5255\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Family Bank Records a KES 2.3 Billion Profit Before Tax in the First Half of 2022 - Family Bank Limited, Kenya\" \/>\n<meta property=\"og:description\" content=\"Family Bank Group has posted a KES. 2.3 billion Profit Before Tax in the first six months of 2022. This is a remarkable 37.4 % increase in Profit before tax compared to KES 1.7 billion registered in the same period in2021. The profit growth was driven by 24% growth in net interest income to KES [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/familybank.co.ke\/?p=5255\" \/>\n<meta property=\"og:site_name\" content=\"Family Bank Limited, Kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/familybankkenya\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-30T04:10:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/familybank.co.ke\/family-bank\/wp-content\/uploads\/2022\/08\/family-data.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"890\" \/>\n\t<meta property=\"og:image:height\" content=\"445\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"BW_FBL\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FamilyBankKenya\" \/>\n<meta name=\"twitter:site\" content=\"@FamilyBankKenya\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BW_FBL\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/familybank.co.ke\/?p=5255#article\",\"isPartOf\":{\"@id\":\"https:\/\/familybank.co.ke\/?p=5255\"},\"author\":{\"name\":\"BW_FBL\",\"@id\":\"https:\/\/familybank.co.ke\/#\/schema\/person\/04d7248f616513c33a45bf54eeef1aff\"},\"headline\":\"Family Bank Records a KES 2.3 Billion Profit Before Tax in the First Half of 2022\",\"datePublished\":\"2022-08-30T04:10:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/familybank.co.ke\/?p=5255\"},\"wordCount\":219,\"image\":{\"@id\":\"https:\/\/familybank.co.ke\/?p=5255#primaryimage\"},\"thumbnailUrl\":\"https:\/\/familybank.co.ke\/family-bank\/wp-content\/uploads\/2022\/08\/family-data.jpg\",\"articleSection\":[\"Newsfeed\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/familybank.co.ke\/?p=5255\",\"url\":\"https:\/\/familybank.co.ke\/?p=5255\",\"name\":\"Family Bank Records a KES 2.3 Billion Profit Before Tax in the First Half of 2022 - Family Bank Limited, Kenya\",\"isPartOf\":{\"@id\":\"https:\/\/familybank.co.ke\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/familybank.co.ke\/?p=5255#primaryimage\"},\"image\":{\"@id\":\"https:\/\/familybank.co.ke\/?p=5255#primaryimage\"},\"thumbnailUrl\":\"https:\/\/familybank.co.ke\/family-bank\/wp-content\/uploads\/2022\/08\/family-data.jpg\",\"datePublished\":\"2022-08-30T04:10:49+00:00\",\"author\":{\"@id\":\"https:\/\/familybank.co.ke\/#\/schema\/person\/04d7248f616513c33a45bf54eeef1aff\"},\"breadcrumb\":{\"@id\":\"https:\/\/familybank.co.ke\/?p=5255#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/familybank.co.ke\/?p=5255\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/familybank.co.ke\/?p=5255#primaryimage\",\"url\":\"https:\/\/familybank.co.ke\/family-bank\/wp-content\/uploads\/2022\/08\/family-data.jpg\",\"contentUrl\":\"https:\/\/familybank.co.ke\/family-bank\/wp-content\/uploads\/2022\/08\/family-data.jpg\",\"width\":890,\"height\":445},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/familybank.co.ke\/?p=5255#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/familybank.co.ke\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Family Bank Records a KES 2.3 Billion Profit Before Tax in the First Half of 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/familybank.co.ke\/#website\",\"url\":\"https:\/\/familybank.co.ke\/\",\"name\":\"Family Bank Limited, Kenya\",\"description\":\"With you, for life\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/familybank.co.ke\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/familybank.co.ke\/#\/schema\/person\/04d7248f616513c33a45bf54eeef1aff\",\"name\":\"BW_FBL\",\"sameAs\":[\"https:\/\/familybank.co.ke\/family-bank\"],\"url\":\"https:\/\/familybank.co.ke\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Family Bank Records a KES 2.3 Billion Profit Before Tax in the First Half of 2022 - Family Bank Limited, Kenya","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/familybank.co.ke\/?p=5255","og_locale":"en_GB","og_type":"article","og_title":"Family Bank Records a KES 2.3 Billion Profit Before Tax in the First Half of 2022 - Family Bank Limited, Kenya","og_description":"Family Bank Group has posted a KES. 2.3 billion Profit Before Tax in the first six months of 2022. This is a remarkable 37.4 % increase in Profit before tax compared to KES 1.7 billion registered in the same period in2021. The profit growth was driven by 24% growth in net interest income to KES [&hellip;]","og_url":"https:\/\/familybank.co.ke\/?p=5255","og_site_name":"Family Bank Limited, Kenya","article_publisher":"https:\/\/www.facebook.com\/familybankkenya\/","article_published_time":"2022-08-30T04:10:49+00:00","og_image":[{"width":890,"height":445,"url":"https:\/\/familybank.co.ke\/family-bank\/wp-content\/uploads\/2022\/08\/family-data.jpg","type":"image\/jpeg"}],"author":"BW_FBL","twitter_card":"summary_large_image","twitter_creator":"@FamilyBankKenya","twitter_site":"@FamilyBankKenya","twitter_misc":{"Written by":"BW_FBL","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/familybank.co.ke\/?p=5255#article","isPartOf":{"@id":"https:\/\/familybank.co.ke\/?p=5255"},"author":{"name":"BW_FBL","@id":"https:\/\/familybank.co.ke\/#\/schema\/person\/04d7248f616513c33a45bf54eeef1aff"},"headline":"Family Bank Records a KES 2.3 Billion Profit Before Tax in the First Half of 2022","datePublished":"2022-08-30T04:10:49+00:00","mainEntityOfPage":{"@id":"https:\/\/familybank.co.ke\/?p=5255"},"wordCount":219,"image":{"@id":"https:\/\/familybank.co.ke\/?p=5255#primaryimage"},"thumbnailUrl":"https:\/\/familybank.co.ke\/family-bank\/wp-content\/uploads\/2022\/08\/family-data.jpg","articleSection":["Newsfeed"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/familybank.co.ke\/?p=5255","url":"https:\/\/familybank.co.ke\/?p=5255","name":"Family Bank Records a KES 2.3 Billion Profit Before Tax in the First Half of 2022 - Family Bank Limited, Kenya","isPartOf":{"@id":"https:\/\/familybank.co.ke\/#website"},"primaryImageOfPage":{"@id":"https:\/\/familybank.co.ke\/?p=5255#primaryimage"},"image":{"@id":"https:\/\/familybank.co.ke\/?p=5255#primaryimage"},"thumbnailUrl":"https:\/\/familybank.co.ke\/family-bank\/wp-content\/uploads\/2022\/08\/family-data.jpg","datePublished":"2022-08-30T04:10:49+00:00","author":{"@id":"https:\/\/familybank.co.ke\/#\/schema\/person\/04d7248f616513c33a45bf54eeef1aff"},"breadcrumb":{"@id":"https:\/\/familybank.co.ke\/?p=5255#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/familybank.co.ke\/?p=5255"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/familybank.co.ke\/?p=5255#primaryimage","url":"https:\/\/familybank.co.ke\/family-bank\/wp-content\/uploads\/2022\/08\/family-data.jpg","contentUrl":"https:\/\/familybank.co.ke\/family-bank\/wp-content\/uploads\/2022\/08\/family-data.jpg","width":890,"height":445},{"@type":"BreadcrumbList","@id":"https:\/\/familybank.co.ke\/?p=5255#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/familybank.co.ke\/"},{"@type":"ListItem","position":2,"name":"Family Bank Records a KES 2.3 Billion Profit Before Tax in the First Half of 2022"}]},{"@type":"WebSite","@id":"https:\/\/familybank.co.ke\/#website","url":"https:\/\/familybank.co.ke\/","name":"Family Bank Limited, Kenya","description":"With you, for life","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/familybank.co.ke\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/familybank.co.ke\/#\/schema\/person\/04d7248f616513c33a45bf54eeef1aff","name":"BW_FBL","sameAs":["https:\/\/familybank.co.ke\/family-bank"],"url":"https:\/\/familybank.co.ke\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/familybank.co.ke\/index.php?rest_route=\/wp\/v2\/posts\/5255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/familybank.co.ke\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/familybank.co.ke\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/familybank.co.ke\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/familybank.co.ke\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5255"}],"version-history":[{"count":0,"href":"https:\/\/familybank.co.ke\/index.php?rest_route=\/wp\/v2\/posts\/5255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/familybank.co.ke\/index.php?rest_route=\/wp\/v2\/media\/5256"}],"wp:attachment":[{"href":"https:\/\/familybank.co.ke\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/familybank.co.ke\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/familybank.co.ke\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}