Banking / Financial Services
"I&M Bank: Decades of banking heritage, regional growth."
I&M Bank is a fully owned subsidiary of I&M Holdings Limited, a publicly listed entity on the Nairobi Securities Exchange (USE). With a distinguished banking history, the bank traces its origins to 1974, when it began as a community-focused financial institution and has since grown into a prominent regional commercial bank. Today, it delivers a comprehensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains an international presence in three additional countries. Recognized as a key player in Kenya’s banking sector, I&M Bank has achieved consistent growth while continually expanding its product and service offerings. CDC Group plc, a UK government-owned development finance institution, holds approximately 10.68% of I&M Holdings, the parent company of I&M Bank Ltd. The bank also benefits from a technical support agreement with the International Finance Corporation, which covers staff training, product development, and risk management. Additionally, I&M Bank has secured medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO. Its global correspondent banking network includes leading multinational institutions such as Bank One Ltd, Citibank NA, Commerzbank AG, Deutsche Bank AG, ICICI Limited Mumbai, Mash req Bank PLC, Standard Bank of South Africa, and Standard Chartered Bank NY. Internationally, I&M Bank operates through Bank One Limited in Mauritius, I&M Bank Tanzania Limited, and I&M Bank Rwanda. The bank’s service portfolio encompasses Specialty Banking, Commercial Banking, Asset Finance, Mobile Banking, Internet Banking, Investment Management Services, Diaspora Banking, Credit/Debit/Prepaid Cards, and Wealth Management.
