NCBA has intensified its support for Kenya’s education sector with a bundled financial proposition aimed at helping private schools expand, modernise, and improve operational efficiency.
The integrated offering combines financing, transaction banking, digital collections, insurance, investment, and other banking services into a single ecosystem tailored to the unique operational needs of educational institutions.
The initiative was unveiled during the NCBA Private Schools Directors Engagement Forum held in Nyeri County under the theme “Future-Ready Schools: Embracing Sustainability and Innovation.” The forum brought together school owners, directors, and education stakeholders to explore sustainable growth strategies and evolving sector needs.
Private Education Sector Growth Driving Demand for Financing
NCBA’s engagement comes at a time when the private education sector continues to expand significantly across the country.
According to the Kenya Private Schools Association (KPSA), there are over 10,400 registered private primary schools serving more than 2.1 million learners, alongside more than 1,600 private secondary schools catering to over 277,000 students nationwide.
With representation across all 47 counties, KPSA continues to advocate for private education institutions, which now form a key pillar of Kenya’s education system.
As enrolment rises, schools are increasingly investing in infrastructure, transport, digital learning tools, and renewable energy solutions, creating stronger demand for structured financing and integrated financial services.
NCBA Positions Integrated Banking Model for Schools
Speaking during the forum, NCBA Director for Network Business and Distribution, Jane Ng’ang’a, said modern schools require more than traditional banking services to remain competitive in a rapidly evolving education environment.
She emphasised that institutions are facing growing pressure to invest in infrastructure, technology, transport systems, and operational efficiency.
“At NCBA, our purpose of Banking on Belief, Empowering Ambition drives us to partner with learning institutions by providing innovative financial solutions that enable them to invest in their growth, strengthen resilience and create lasting impact for future generations,” she said.
Ng’ang’a added that NCBA has developed a comprehensive value proposition designed to support schools at every stage of their growth journey.
Private School Leaders Welcome Tailored Financial Solutions
Private school stakeholders welcomed the initiative, terming it timely and aligned with the sector’s evolving needs.
Speaking on behalf of private school leaders, Nyeri County Private School Association Coordinator Dionisio Ndegwa said schools face mounting pressure to balance investment in learning infrastructure with rising operational costs.
He noted that access to a financial partner offering integrated solutions is critical for sustainability and competitiveness.
“What makes this approach particularly valuable is that it goes beyond financing. Schools require support across collections, payments, infrastructure development, transport acquisition, insurance, and long-term financial planning,” he said.
Integrated Financial Ecosystem for School Operations
NCBA’s bundled proposition brings together a wide range of solutions designed to support schools across their operational lifecycle.
Through financing services, the bank offers working capital facilities, infrastructure development loans, asset financing, and leasing solutions to support investments in classrooms, laboratories, libraries, dormitories, and school transport.
To improve efficiency, schools can access digital fee collection platforms, dedicated accounts, NCBA Till, Connect Plus, and Edutech solutions aimed at streamlining administration and improving financial transparency.
The bank also provides insurance products covering school assets, vehicles, and operations to enhance resilience and ensure business continuity.
Additionally, NCBA offers savings, investment, and wealth management solutions to help schools manage surplus funds and plan for long-term expansion. Teachers and non-teaching staff also benefit from banking, credit, and financial wellness services.
NCBA Reaffirms Commitment to Education Sector Growth
Ng’ang’a reiterated that NCBA’s goal is to empower schools through an integrated ecosystem that supports growth, modernisation, and efficiency.
“By bringing together financing, digital tools, insurance and investment solutions under one ecosystem, we are enabling school leaders to focus on their core mission of delivering quality education,” she said.
The engagement is part of NCBA’s broader strategy to deepen its presence in the education sector and strengthen its position as a preferred financial partner for schools and SMEs across Kenya.