Banking / Financial Services
"I&M Bank: A heritage-driven regional financial leader."
I&M Bank is a fully owned subsidiary of I&M Holdings Limited, a publicly traded entity listed on the Nairobi Securities Exchange (USE). With a distinguished banking legacy, the institution traces its origins back to 1974, when it began as a community-based financial entity before expanding into a leading 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.
Renowned for its dominant position in the Kenyan banking sector, I&M Bank has sustained consistent growth while pioneering an expansive range of innovative products and services. 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. Furthermore, the bank benefits from a technical collaboration with the International Finance Corporation, which supports staff training, product innovation, and risk management initiatives.
I&M Bank also secures medium-term foreign currency credit facilities from prominent European development finance institutions, including Prop arco, DEG, and FMO. Its global correspondent banking network features partnerships with major multinational financial 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. The bank’s international operations extend to Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized banking solutions.
Key service offerings include commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management.