Banking / Financial Services
"I&M Bank: A heritage-rich regional bank since 1974."
I&M Bank is a subsidiary fully owned by I&M Holdings Limited, a publicly listed entity on the Nairobi Securities Exchange (USE). With a distinguished banking history, the bank was established in 1974 and has since transformed from a local financial institution into a leading regional commercial bank. It provides an extensive array of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains a presence in three additional countries. As a key player in Kenya’s financial sector, I&M Bank continues to expand steadily while demonstrating innovation in 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 focuses on staff training, product development, and risk management. I&M Bank also secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.
Its international correspondent banking network includes prominent 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 NY. The bank’s international footprint comprises Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized services including commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management.
