Banking / Financial Services
"I&M Bank: A legacy of trust since 1974."
I&M Bank is a wholly owned subsidiary of I&M Holdings Limited, a publicly listed entity on the Nairobi Securities Exchange (USE). With a distinguished banking legacy, the institution traces its origins back to 1974, when it began as a community-based financial institution before expanding into a major regional commercial bank. Today, it provides a comprehensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains a presence in three additional countries. A key player in Kenya’s financial sector, I&M Bank has demonstrated consistent growth and a commitment to innovation, continually diversifying its 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. Additionally, the bank benefits from a technical support agreement with the International Finance Corporation, which enhances staff training, product development, and risk management capabilities. I&M Bank also secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.
The bank’s international correspondent banking network includes prominent global 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 encompasses Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, where it delivers specialized financial services including commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, card solutions (credit, debit, and prepaid), and wealth management.
