Banking / Financial Services
"I&M Bank: A heritage-backed leader in regional banking."
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 strong legacy in banking, the institution traces its origins to 1974, when it began as a community-focused financial provider before expanding into a major regional commercial bank offering comprehensive corporate and retail banking solutions. Today, I&M Bank operates 35 branches across Kenya, alongside international ventures in three other countries. As a key player in Kenya’s financial sector, the bank continues to demonstrate robust growth and a commitment to innovation, regularly expanding its 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. Additionally, the bank maintains a technical support agreement with the International Finance Corporation, which aids in staff training, product development, and risk management. I&M Bank also benefits from medium-term foreign currency credit facilities provided by European development finance institutions, including Prop arco, DEG, and FMO.
The bank’s international correspondent banking network includes leading global 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).
I&M Bank’s international footprint extends through its subsidiaries: Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, which specialize in a range of financial services including commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, card solutions (credit, debit, and prepaid), and wealth management.
