Banking / Financial Services
"I&M Bank: A legacy of banking excellence 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). With a legacy rooted in banking excellence, the bank has grown from a local financial institution established in 1974 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 international operations in three additional countries. Recognized as a key player in Kenya’s banking sector, I&M Bank has demonstrated consistent growth while pioneering innovative products and services tailored to evolving market demands.
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. Further strengthening its operational capabilities, the bank benefits from a technical support agreement with the International Finance Corporation, which covers areas such as staff training, product innovation, and risk management. Additionally, I&M Bank secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.
The bank’s global banking relationships are supported by a network of correspondent banks, including 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 through subsidiaries like Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized banking solutions.
I&M Bank’s portfolio includes a broad range of financial services, such as commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, credit, debit, and prepaid cards, as well as wealth management.
