Banking / Financial Services
"I&M Bank: A heritage-rich, regional leader in banking."
I&M Bank is a fully owned subsidiary of I&M Holdings Limited, a publicly listed entity on the Nairobi Securities Exchange (NSE). With a storied legacy in banking, the institution traces its origins back to 1974, when it began as a community-based financial provider before expanding into a prominent regional commercial bank. Today, it delivers a comprehensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains a presence in three additional countries. Recognized as a leading force in Kenya’s banking sector, I&M Bank has demonstrated sustained growth 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, 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 further strengthens its global operations through medium-term foreign currency credit facilities extended by European development finance institutions, including Proparco, DEG, and FMO.
The bank’s international correspondent network includes major global financial institutions such as Bank One Ltd, Citibank NA, CommerzBank AG, Deutsche Bank AG, ICICI Limited Mumbai, Mashreq Bank PLC, Standard Bank of South Africa, and Standard Chartered Bank NY. Its overseas operations encompass Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, with offerings spanning specialty banking, commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, card services (credit, debit, and prepaid), and wealth management.
