Banking / Financial Services
"I&M Bank: A trusted regional financial institution 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). Established in 1974, the bank has grown from a community-based financial institution into a prominent regional commercial bank, offering an extensive suite of corporate and retail banking solutions. With 35 branches across Kenya and international operations spanning three additional countries, I&M Bank maintains a strong market presence and continues to expand consistently while pioneering innovative financial 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. Additionally, I&M Bank benefits from a technical support agreement with the International Finance Corporation, enhancing staff training, product innovation, and risk management practices. The bank also secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.
I&M Bank’s global correspondent banking network includes leading 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. Its international footprint extends to Mauritius through Bank One Limited, Tanzania via I&M Bank Tanzania Limited, and Rwanda via I&M Bank Rwanda Specialties.
The bank’s diverse product portfolio encompasses commercial and retail banking, asset financing, mobile and internet banking, investment management, diaspora banking solutions, credit, debit, and prepaid cards, as well as wealth management services.
