Annual REPORT

CHAIRMAN’S STATEMENT (Continued)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
Health Care Support
Family Bank MD- Peter Munyiri with Master Abraham
Andaje and Bernard Chitai, Form 1 students at
Bungoma High School supported by Family Group
Foundation.
The Bank’s Executive Committee members visited the children’s Cancer Ward at Kenyatta National Hospital to encourage the
children and made a cash donation to the Ward. During this visit the Bank handed over a Ksh 4.3 Million Children playground facility
– a project of the Bank in support of the children suffering from Cancer - to the Kenyatta National Hospital. We are optimistic that
this partnership will continue to provide comfort and alleviate some of the challenges facing the Health Sector in Kenya.
Community Empowerment
· In 2015, as has happened in previous years all the branches and departments participated in a CSR activity within their
localities. All these community welfare participation events have highly profiled the Bank and has been a stepping stone
for mutually beneficial business relationships.
Dividend
The Bank appreciates the need to maximize shareholder value by paying dividend as well as retaining adequate
reserves for re-investing back to support the ambitious growth strategy as well as meeting the statutory capital ratios.
The Board is proposing a dividend of Ksh 0.50 per share the same as in 2014. The Dividend payment in the last 5 year
is as indicated below.
1. 2011 – 0.40 (Kshs – 96,836,977)
2. 2012 – 0.40 (Kshs – 111,399,054)
3. 2013 – 0.40 (Kshs – 222,809,346)
4. 2014 – 0.50 (Kshs – 622,593,598)
5. 2015 – 0.50 (Kshs – 622,593,598)
13