I&M Bank

About I&M Bank

I&M Bank, a fully owned subsidiary of I&M Holdings Limited—a publicly listed entity on the Nairobi Securities Exchange (USE)—boasts a distinguished banking heritage. Established in 1974, the bank has transformed from a local financial cooperative into a prominent regional commercial bank, delivering a comprehensive suite of corporate and retail banking solutions. With a network of 35 branches across Kenya and international operations spanning three additional countries, I&M Bank has cemented its position as a key player in the Kenyan financial sector, marked by sustained growth and a commitment to innovation in product and service offerings.

CDC Group plc, a UK government-owned development finance institution, holds a 10.68% stake in I&M Holdings, the parent company of I&M Bank Ltd. The bank also benefits from a technical collaboration with the International Finance Corporation, which supports staff training, product innovation, and risk management initiatives. Additionally, I&M Bank maintains medium-term foreign currency credit facilities with leading European development financial institutions, including Prop arco, DEG, and FMO.

I&M Bank’s global correspondent banking network features partnerships with major multinational financial institutions such as Bank One Ltd, Citibank N.A., Commerzbank AG, Deutsche Bank AG, ICICI Limited Mumbai, Mash req Bank PLC, Standard Bank of South Africa, and Standard Chartered Bank New York. Its international footprint extends to Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda.

The bank’s service portfolio includes specialized banking, commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management solutions.