KCB Reaffirms Commitment to Support Education Institutions in Kenya

KCB Group CEO Paul Russo makes his remarks during the announcement of the bank's 2024 Q1 financial results where it reclaimed its position as East Africa's most profitable bank after posting a 69% Profit After Tax to Kshs. 16.5 Billion /Agency

KCB Bank has reaffirmed its commitment to supporting education institutions across the country through tailored financial solutions aimed at strengthening the financial and institutional foundations to deliver lasting impact for schools, learners, and communities across the country.

This was discussed during the Kenya Comprehensive Schools Headteachers Association (KECSHA) which is taking place at the Sheikh Zayed Hall in Mombasa County.

The week-long event, held under the theme ‘Reimagining Kenya’s School of the Future for National Development’ has brought together school heads, policymakers, education experts, and partners to reflect on the future of basic education in Kenya.

Speaking at the event, Yasir Jamal, KCB Coast Regional Business Manager, said that bank remains steadfast in the support to the education sector through the Learning Institutions and Value Chain Banking proposition aimed at providing tailored solutions to meet the needs of the institutions across operations, infrastructure, staff and student needs.

He added, “We recognise that strong education systems require financially resilient institutions. Through our proposition, we are supporting learning institutions in several ways, including promoting sustainability through clean energy initiatives, investing in learners and education quality through scholarships, and strengthening schools’ financial and operational capacity. This includes providing affordable institutional banking solutions, efficient school fee collection platforms, as well as mortgage and infrastructure financing to help institutions meet their evolving needs.”

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