KCB steps up financing Support to Kenyan schools as headteachers gather in Mombasa

KCB Bank has outlined a range of financial services targeting schools during the Kenya Comprehensive Schools Headteachers Association (KECSHA) conference in Mombasa.

The bank made the presentation at the ongoing conference at Sheikh Zayed Hall in Mombasa County, which has brought together school heads, policymakers, education experts and development partners.

The week-long conference, themed "Reimagining Kenya's School of the Future for National Development," is examining the challenges facing schools and strategies for improving the quality and sustainability of education.

KCB Coast Regional Business Manager Yasir Jamal said the bank supports learning institutions through its Learning Institutions and Value Chain Banking proposition. He said it provides customised financial services designed to address the operational, infrastructure and financial needs of schools, teachers and learners.

Jamal said the bank's support goes beyond conventional banking services and aims to help schools improve their financial management, expand infrastructure and invest in quality education.

The solutions he highlighted include institutional banking services, digital school fee collection systems, mortgage facilities, infrastructure financing and clean energy investments. The clean energy component is aimed at schools seeking alternatives to conventional energy sources, with the potential to reduce operating costs.

The bank also said it supports learners through scholarship programmes, alongside financial and operational assistance to schools.

KCB said it would continue working with education stakeholders on the financial foundations of schools, institutional development and the learning environment.

The presentation came as Kenyan schools face growing operational demands, infrastructure gaps, rising costs and the need to adapt to the Competency-Based Education (CBE) framework.

The KECSHA conference is expected to allow school administrators and partners to explore approaches to financing education and preparing institutions for emerging national development needs.