I&M Bank

About I&M Bank

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 longstanding banking legacy, the bank traces its origins back to 1974, when it began as a community-focused 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 a presence in three additional countries. As a key player in the Kenyan financial sector, the bank has demonstrated consistent growth and a commitment to innovation in 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, I&M Bank benefits from a technical support partnership with the International Finance Corporation, which assists in areas such as staff training, product development, and risk management. The bank also secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.

I&M Bank’s global correspondent banking network includes leading multinational financial 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 comprises Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda. The bank’s service portfolio encompasses specialty banking, commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management.