Citibank Kenya will close its Mombasa branch on November 30, 2026, after operating in the city for over 30 years. The bank is consolidating its corporate banking operations at its Nairobi headquarters to focus on digital services.

• Citibank Kenya is closing its Mombasa branch.
• The closure marks the end of over 30 years of physical operations in Mombasa.
• The move is part of a broader strategy to modernize and digitize banking services, with regulatory approval obtained.

NCBA and HEVA Fund have partnered to provide financing to Kenya's creative industry at a 9 percent interest rate, with flexible repayment options tailored to the sector's unique income cycles.

• Financing offered at a concessional 9% interest rate.
• Key partners include NCBA and HEVA Fund.
• The initiative offers support beyond financing, including financial literacy and mentorship programs.

Kenyan parents are being advised to create long-term financial plans for their children's education due to rising costs. This proactive approach aims to manage expenses over time and protect educational continuity against unforeseen financial challenges.

• Absa Education Policy offers financial protection, waiving future premiums upon a parent's death or disability.
• Parents can select sums assured from Sh100,000 to Sh5 million with payment periods of 5 to 18 years.
• The advice comes as parents face immediate back-to-school expenses like fees, uniforms, and books for the new term.