savings

KCB unveils winners of Revvvisha na KCB national consumer promotion

KCB unveils winners of Revvvisha na KCB national consumer promotion

4 min read

KCB Group has announced the winners of the Revvvisha na KCB National Consumer Promotion, closing a four-month campaign that ran from December 26, 2025 to April 26, 2026, according to a company press release dated April 29, 2026.

The lender said the grand prize—a one-bedroom apartment at Tatu City—was awarded to Scholastica Syokau Musau, with the unit provided by Unity Homes. KCB also named John Mburu & Associates among the winners, saying the firm received KES 500,000 to be deposited into its KCB Money Market Fund through KCB Investment Bank.

The campaign was structured around encouraging customers to grow balances, maintain savings, and invest in selected products to qualify for monthly prizes and a final grand draw, the bank said.

Deposit mobilisation campaigns have remained a key tool for Kenyan lenders as competition for retail savings intensifies and banks seek stable funding alongside a growing push for savings and investment products. KCB said the promotion was timed to coincide with interest around the WRC Safari Rally, linking participation in the campaign to broader national attention on the event.

Rosalind Gichuru, KCB Group Director of Marketing and Communications, said the campaign reflected the bank’s focus on customer financial behaviour and longer-term planning.

“Revvvisha na KCB reflects our focus on empowering customers to build financial discipline through practical and rewarding solutions. The strong uptake we have seen shows that customers are increasingly prioritising savings and investments as part of their financial goals,” Gichuru said.

KCB positioned the campaign as tied to homeownership messaging through its partnership with Unity Homes and its marketing around the 2026 WRC Safari Rally. Caroline Wanjeri, Director of Mortgage Business at KCB, said the campaign targeted customers at different stages of saving towards housing.

“At KCB, we have always believed that homeownership is not just a privilege but an achievable goal for every Kenyan who is intentional about saving. Through our partnership with Unity Homes and our involvement in the 2026 WRC Safari Rally, we have made the message louder and more exciting than ever before,” Wanjeri said.

She added: “The Revvvisha na KCB campaign was designed to meet Kenyans where they are, whether they are just beginning their savings journey or already working towards owning their first home. Our KCB goal savings account, backed by our mortgage solutions, provides the runway to get there.”

Unity Homes said the partnership aligns developers and financiers in efforts to expand access to housing. “We are proud to partner with KCB to make homeownership more accessible. This collaboration demonstrates how financial institutions and developers can come together to create real impact for customers,” said Mina Stiernblad, Commercial Director at Unity Homes.

KCB said the winners’ draw was conducted in the presence of representatives from KCB, Unity Homes and the Betting Control and Licensing Board (BCLB), which the bank said was aimed at ensuring transparency and fairness.

For Kenya’s banking and housing markets, promotions tied to savings and investment products can influence short-term deposit growth and customer acquisition, while partnerships with real estate developers highlight how lenders continue to use housing-related incentives to support mortgage pipelines. KCB did not disclose the number of participants, total deposits mobilised, or the value of the apartment prize.

KCB said the promotion has concluded, with the winners now announced. The bank and its partners have not provided details on whether the campaign will be renewed or expanded in a subsequent edition.

KCB Group has announced the winners of its four-month Revvvisha na KCB National Consumer Promotion that ran from December 26, 2025 to April 26, 2026. The grand prize, a one-bedroom apartment at Tatu City, went to Scholastica Syokau Musau, while another winner received KES 500,000 for investment in a KCB Money Market Fund.

KCB Bank Kenya launches under-18 savings and financial literacy proposition

KCB Bank Kenya launches under-18 savings and financial literacy proposition

2 min read

KCB Bank Kenya has launched an under-18 savings and financial literacy proposition aimed at building a savings culture among children, the lender said in a statement issued in Nairobi.

According to KCB, the initiative is designed as a financial literacy and wellness programme that will “equip parents with practical tools to guide their children on financial literacy from an early age,” with the goal of supporting responsible money habits over time.

The bank said the proposition introduces two account segments targeting different age groups. “The Cub Account is designed for children and anchored on parent-led savings, early financial habits, and future planning for children aged 0 to 12 years,” KCB said. It added that “The Leo Account is tailored for teens, 13 to 17 years, focusing on financial independence, smart money management, and lifestyle relevance as they transition into young adulthood.”

KCB linked the programme to broader concerns about financial knowledge gaps, saying the initiative aims to ensure children can access money management education early. The bank said building these skills at a young age is important for improving future financial decision-making and long-term household stability.

The launch comes as Kenyan banks and other financial institutions increasingly compete to deepen customer relationships through youth and family banking propositions, including digital onboarding and savings products linked to financial education. For lenders, under-18 products can help build long-term customer pipelines while supporting national goals around financial inclusion and consumer financial capability.

KCB said parents and guardians can enrol by opening an account for their children through the new KCB Mobile App or by visiting any KCB branch countrywide.

In Kenya’s retail banking market, such propositions may also influence deposit mobilisation trends, especially among families looking to ring-fence funds for school-related expenses and longer-term goals. However, take-up will likely depend on product features, ease of onboarding, and how effectively financial literacy content is delivered to parents and children.

KCB did not disclose target customer numbers, deposit targets, or timelines for rolling out additional features under the programme. The bank is expected to provide further details as implementation progresses and as customer onboarding scales through its mobile and branch channels.

KCB Bank Kenya has launched a new under-18 proposition aimed at strengthening savings habits and financial literacy among children. The programme introduces two account segments targeting ages 0–12 and 13–17, with onboarding available via the KCB Mobile App or KCB branches nationwide.