Women play a crucial role in any economic growth. Kenya’s small and medium enterprise sector is largely controlled by women. These women, despite their crucial role, face numerous challenges that often threaten to break millions of them.
Family Bank became among the few banks in Kenya to recognize the role women play in economic growth. The bank unveiled an exclusive woman banking proposition dubbed ‘Queen Banking’ tailored towards supporting women around the country.
The bank set aside 50 billion shillings kitties for the next 2 years to cater to the diverse individual and business needs of women to promote women’s economic empowerment and deepen financial inclusion in Kenya.
There is no doubt that Family Bank has committed, to be the partner that our women do much seek for prosperity. A commitment to be the heart of every woman seeking progress, growth, and prosperity. Family Bank is where every woman is valued.
Family Bank is a financial partner to our women, giving them affordable credit and turning their dreams into a reality. The bank provides the best savings and investment options to women, giving them an insurance proposition that is unmatched within and without the industry.
The bank connects women to collaborations, and mentorship programs, among other offerings. All these are possible through the Family Bank Queen Banking.
Queen Banking caters to the needs of three types of women, namely the Woman in Business, the Professional Woman, and the Chama Woman.
The product is exclusive to businesses with at least 51 percent of the shares controlled by women or 100 percent owned by women, businesses where women constitute more than 30 percent of the board or more than 25 percent of senior management, or businesses that have products or services specifically geared to benefit women.