Paul Ngaragari

Paul Ngaragari

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Paul Ngaragari is the Chief Financial Officer of Family Bank, where he plays a crucial role in enhancing the bank's profitability through effective tax efficiency measures. Recently, he highlighted the bank's 38.7% increase in profit after tax to Sh2.3 billion for the first half of 2025, attributing this growth to the strategic utilization of tax provisions and rigorous compliance checks on investment decisions and vendor contracts.

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Recent news mentions

Paul Ngaragari is the Chief Financial Officer who presented the bank’s performance.

Family Bank shareholders to ratify plan to list on NSE
The Standard·KenyaKenya· 2025-10-01
6.0

Paul Ngaragari, Chief Financial Officer at Family Bank, noted that depressed household incomes as a result of unfavourable macro-economic indicators reduced appetite for loans.

How low-interest regime shrunk banks' half-year interest income
The Standard·KenyaKenya· 2025-08-25
5.0
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James Mwangi
James Mwangi

Paul Ngaragari explained that the larger margin in profit after tax goes to show the efficiency of the bank's utilisation of the available tax provisions to grow its bottom line.

Family Bank half-year profit up 39pc to Sh2.3b
The Standard·KenyaKenya· 2025-08-20
8.0
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Nancy Njau
Nancy Njau