NCBA Boosts Financial Skills for Ruaka Schools

NCBA Boosts Financial Skills for Ruaka Schools

NCBA has reaffirmed its commitment to Kenya’s education sector with innovative and sustainable financial solutions. In Ruaka, the bank hosted a private schools forum themed “Future-Ready Schools: Embracing Sustainability & Innovation.”

The forum brought together school owners to explore ways to grow their operations, diversify revenue streams, and secure sustainable financing. It also created a space for dialogue on how to adopt business innovations that improve efficiency.

NCBA Boosts Financial Skills for Ruaka Schools

Sustainability and Digital Solutions in Focus

The event placed strong emphasis on green funding and eco-friendly practices. For example, schools learnt about Water and Sanitation Hygiene (WASH) projects and solar leasing.

In addition, NCBA announced a partnership with Water.org to offer the NCBA H₂O Loan. This product comes with technical assistance and credit guarantees for schools investing in water infrastructure.

Digital transformation also took centre stage. NCBA introduced SOMA Plus, a school management system that streamlines administration and integrates mobile payments.

It also gives parents and school leaders real-time access to data. Moreover, the bank showcased NCBA Tills and NCBA Connect Plus, which make fee collection and reconciliation faster and more transparent.

The bank further outlined its financing products. These include asset finance for infrastructure growth, school bus financing, leasing options to avoid heavy upfront costs, and insurance products such as Student Personal Accident Cover and School Fees Protection Cover.

Stakeholder Feedback and Strategic Direction

Speaking at the event, NCBA Group Director of Retail Banking, Dennis Njau, said the bank’s strategy centres on customers.

“Customer obsession is at the core of our business. We organised this forum to gather feedback and co-create practical solutions.”

Hiram Mbugua, Chairman of the Kiambaa Private Schools Association (KIPSA), praised the engagement. He noted that NCBA’s solutions now position it as a preferred financial partner for sustainable school growth.

Overall, the forum aligns with NCBA’s broader strategy to engage directly with sectors driving Kenya’s economy. Through such initiatives, the bank aims to equip clients with tools, knowledge, and financing to remain competitive in a fast-changing market.

https://africabusinessnews.co.ke/fraud-alert-ncba-warns-of-banking-scammers/