Banking / Financial Services
"I&M Bank: A leading regional bank with strong heritage."
I&M Bank is a fully owned subsidiary of I&M Holdings Limited, a publicly traded entity listed on the Nairobi Securities Exchange (USE). With a longstanding 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, I&M Bank delivers a comprehensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains an international presence in three additional countries. As a key industry player in Kenya, the bank has demonstrated consistent growth while pioneering a diverse portfolio of innovative products and services.
I&M Holdings, the parent company of I&M Bank Ltd, is partially owned by CDC Group plc—a UK government-backed development finance institution holding approximately 10.68% equity. Additionally, I&M Bank benefits from a technical collaboration with the International Finance Corporation, which supports staff training, product innovation, and risk management initiatives. The bank also secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.
Its global banking relationships are strengthened through correspondent banking ties with leading multinational 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.
Internationally, I&M Bank operates through subsidiaries including Bank One Limited in Mauritius, I&M Bank Tanzania Limited, and I&M Bank Rwanda. The bank’s service offerings encompass specialized banking solutions, commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, credit/debit/prepaid card services, and wealth management.
