Banking / Financial Services
"I&M Bank: Heritage banking with regional reach."
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 distinguished banking history, the bank traces its origins back to 1974, when it began as a community financial institution before expanding into a major regional commercial bank offering an extensive suite of corporate and retail banking solutions. Today, I&M Bank operates 35 branches across Kenya and maintains an international presence in three additional countries. Recognized as a leading force in the Kenyan banking sector, the bank has demonstrated consistent growth while pioneering innovative products and services tailored to evolving market needs.
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 collaboration with the International Finance Corporation, which supports staff training, product innovation, and risk management initiatives. Additionally, I&M Bank has secured medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.
I&M Bank’s international correspondent banking network includes prominent multinational financial 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.
The bank’s international footprint comprises Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized banking solutions that encompass commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, card services (credit, debit, and prepaid), as well as wealth management.
