Banking / Financial Services
"I&M Bank: Strong heritage, regional financial leader."
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 local financial institution into a prominent regional commercial bank, delivering a comprehensive suite of corporate and retail banking solutions. With a presence in 35 branches across Kenya and additional operations in three other countries, I&M Bank is a leading force in the Kenyan financial sector, renowned for its steady expansion and pioneering approach to product and service offerings.
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. The bank also benefits from a technical support agreement with the International Finance Corporation, which enhances staff training, product innovation, and risk management capabilities. Furthermore, I&M Bank maintains medium-term foreign currency credit facilities with European development finance institutions, including Prop arco, DEG, and FMO.
The bank’s international correspondent banking network includes major 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 New York. I&M Bank’s international footprint extends to Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized banking services including commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, card services (credit, debit, and prepaid), and wealth management.
