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Kenya: Family Bank Seeks Usd 46 Million From Private Placement for Growth

Summary by Financial Afrik
Family Bank seeks to raise approximately $46.3 million (6 billion Ksh) through an ongoing private placement for the growth of its business. The Kenyan private bank claims that it will use financing to support the growth of its business. A private placement involves the sale of shares or securities directly to the company.
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Family Bank seeks to raise approximately $46.3 million (6 billion Ksh) through an ongoing private placement for the growth of its business. The Kenyan private bank claims that it will use financing to support the growth of its business. A private placement involves the sale of shares or securities directly to the company.

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Financial Afrik broke the news in on Wednesday, August 20, 2025.
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