Keystone Bank offers financing, savings options to ease back-to-school costs

Keystone Bank is a top Nigerian bank

As families across Nigeria prepare for the new academic session, Keystone Bank Limited has reiterated its commitment to supporting parents, students and educational institutions with financial solutions designed to make education more accessible and manageable.

In a statement on Monday, Keystone Bank said it recognises that school fees and other education-related expenses often place additional financial pressure on families at the start of a new session and has decided to provide financing and savings solutions to cater to different stages of the education journey.

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School children walking on a quiet street in Nigeria
School children walking to school in Nigeria. Photo: Kenechukwu Emmanuel/Pexels

According to the bank, “One of our key offerings is the EduFinance, which enables salary earners to finance educational expenses for themselves, their children or wards, covering studies from early education through tertiary level, as well as professional certifications. The facility is open to eligible salary earners, irrespective of their salary bank.

“For parents looking to plan ahead for their children’s education, the Keystone Future Account provides a structured savings option for children and teenagers. The account is designed to encourage early savings while helping parents and guardians build funds towards future educational needs.

“Similarly, the Keystone Evolve Account, designed for students in tertiary institutions and NYSC members, provides young people with an opportunity to develop financial independence and manage their finances as they navigate higher education and early adulthood.

Customer receiving financial services at a Keystone Bank branch
Customer receiving financial services at a Keystone Bank branch

“Our support also extends to educational institutions through its School Support Loan, which provides financing to eligible privately owned and registered schools to meet working capital and asset financing needs. The facility can support areas including school renovations, equipment purchases, school buses, computers, inventory and other operational requirements,” it said.

“Customers interested in Keystone Bank’s education solutions can visit any branch or use the bank’s official channels to explore the available options and identify the solution best suited to their needs.

Keystone Bank’s education-focused offerings form part of its broader commitment to developing solutions that respond to the everyday financial needs and aspirations of individuals, families and businesses.

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