Banking / Financial Services
"I&M Bank: A heritage-rich, publicly listed regional leader."
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 banking legacy, the bank traces its origins to 1974, growing from a local financial institution into a prominent regional commercial bank offering comprehensive corporate and retail banking solutions. The bank operates 35 branches in Kenya and maintains an international presence across three additional countries.
Recognized as a key player in Kenya’s banking sector, I&M Bank has demonstrated sustained growth and a commitment to innovation, continuously expanding its product and service offerings. CDC Group plc, a UK government-owned development finance institution, holds approximately 10.68% of I&M Holdings, the parent company of I&M Bank Ltd. Additionally, the bank benefits from a technical support agreement with the International Finance Corporation, which aids in staff training, product development, and risk management.
I&M Bank also secures medium-term foreign currency credit facilities from European development financial institutions, including Prop arco, DEG, and FMO. Its global correspondent banking network includes major multinational 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.
Under its international footprint, I&M Bank operates through Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, providing specialized banking solutions. The bank’s service portfolio includes commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, card services (credit, debit, and prepaid), and wealth management.
