NCBA Group has reaffirmed its commitment to education by allocating over KES 13 million to support 177 students across Kenya.
The funding, which was announced in Nairobi on earlier this week, is part of a broader sustainability agenda aimed at fostering youth empowerment and inclusive innovation.
The bank has pledged to deploy KES 100 million annually to support regional communities, specifically targeting education, mentorship, and skills development for women and young people.
During the handover ceremony, held at the Museum of Illusions Nairobi, the group also unveiled a strategic partnership with the Crystal Asige Foundation.
Founded by Senator Crystal Asige, the foundation focuses on learners facing “compounded challenges,” including chronic medical conditions, disabilities, and financial vulnerability.
The bank noted that the choice of venue was deliberate, aiming to highlight critical thinking and social impact.
Consequently, the collaboration will deliver structured support directly to institutions to ensure accountability and reach those often left behind by traditional systems.
Speaking at the event, NCBA Group Chairman Mr. James Ndegwa emphasized that education is the “cornerstone” of the bank’s citizenship agenda.
“Scaling belief by investing in our youth is not simply a call to action; it is a necessity for our nation’s continued growth and prosperity. Our world is calling out for leaders—leaders with intelligence, yes, but also with compassion, vision, and a fierce dedication to making a difference,” noted Mr. James Ndegwa, NCBA Group Chairman
Furthermore, NCBA Group Managing Director Mr. John Gachora highlighted the philosophy of Ubuntu: a people-centered approach to collective progress, as the driving force behind the initiative.
“When we invest in education, we are not just paying fees; we are building resilience and nurturing innovation. We are creating communities that are equipped to solve problems and imagine new possibilities. We are not just a Banking Group; we are an Ubuntu,” added Mr. John Gachora, NCBA Group Managing Director.
The scholarships have already begun to change lives. One student beneficiary remarked that the financial aid “lifted a huge burden” off their family.
“Knowing that an institution like NCBA believes in my future has given me the confidence to keep going and aim higher,” the student added.
As a market leader in asset finance and digital banking, NCBA Group operates a network of over 100 branches across five countries: Kenya, Uganda, Tanzania, Rwanda, and the Ivory Coast.
With over 60 million customers, it currently stands as the largest banking group in Africa by customer numbers.