Banking / Financial Services
"I&M Bank: A legacy of banking excellence since 1974."
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 heritage, the bank traces its origins to 1974, when it began as a community financial institution before expanding into a leading regional commercial bank. Today, I&M Bank delivers comprehensive 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, the bank has demonstrated consistent growth while pioneering innovative products and services.
I&M Holdings, the parent company of I&M Bank, is partially owned by CDC Group plc (approximately 10.68%), a development finance institution fully owned by the United Kingdom government. The bank also benefits from a technical support agreement with the International Finance Corporation, which enhances staff training, product development, and risk management capabilities. Additionally, I&M Bank secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.
Its global correspondent banking network features partnerships with prominent multinational banks 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 (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized banking services including commercial banking, asset finance, mobile banking, internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management.