Banking / Financial Services
"I&M Bank: A leading regional bank with strong heritage 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 long-standing banking legacy, the bank traces its origins back to 1974, when it began as a community-based financial institution before expanding into a prominent regional commercial bank. Today, it delivers an extensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains international presence in three additional countries. Recognized as a leading force in Kenya’s banking sector, I&M Bank has demonstrated consistent growth and a commitment to innovation in product and service offerings.
CDC Group plc, a UK government-owned development finance institution, holds approximately 10.68% equity in I&M Holdings, the parent company of I&M Bank. The bank also benefits from a technical support arrangement with the International Finance Corporation, which enhances staff training, drives product development, and strengthens risk management practices. Additionally, I&M Bank has access to medium-term foreign currency credit facilities extended by European development finance institutions, including Prop arco, DEG, and FMO.
I&M Bank’s global banking relationships are supported by a network of leading correspondent banks, 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 (New York). Its international footprint includes subsidiaries and operations in Mauritius (Bank One Limited), Tanzania (I&M Bank Tanzania Limited), and Rwanda (I&M Bank Rwanda). The bank’s diverse portfolio includes specialties in banking services such as Commercial Banking, Asset Finance, Mobile and Internet Banking, Investment Management, Diaspora Banking, card solutions (Credit, Debit, and Prepaid), and Wealth Management.
