Banking / Financial Services
"I&M Bank: A legacy of banking excellence 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 distinguished banking heritage dating back to 1974, the bank has transformed from a local financial institution into a leading regional commercial bank, providing an extensive suite of corporate and retail banking solutions. Operating 35 branches across Kenya and maintaining a presence in three additional countries, I&M Bank stands as a key player in the Kenyan financial sector, noted for its steady growth and innovative 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 focuses on staff training, product development, and risk management. Additionally, I&M Bank has secured 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 major 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 New York. I&M Bank’s international operations span Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized banking solutions across key markets.
Its service portfolio encompasses commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management.
