Banking / Financial Services
"I&M Bank: A heritage of regional banking excellence 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 dating back to 1974, the bank has grown from a local financial cooperative into a leading regional commercial bank providing comprehensive corporate and retail banking solutions. Operating across 35 branches in Kenya and expanding its footprint internationally with a presence in three additional countries, I&M Bank maintains a strong competitive position in the Kenyan financial sector. The bank is recognized for its consistent growth trajectory and innovative approach to product and service offerings.
CDC Group plc, a development finance institution fully owned by the United Kingdom government, 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 collaboration with the International Finance Corporation, which supports staff training, product development, and risk management initiatives. The bank also secures medium-term foreign currency credit facilities from leading European development finance institutions, including Prop arco, DEG, and FMO.
I&M Bank maintains correspondent banking relationships with prominent global institutions such as Bank One Ltd, Citibank NA, Commerzbank AG, Deutsche Bank AG, ICICI Bank Mumbai, Mash req Bank PLC, Standard Bank of South Africa, and Standard Chartered Bank NY. Its international operations span Mauritius (Bank One Limited), Tanzania (I&M Bank Tanzania Limited), and Rwanda (I&M Bank Rwanda), where it provides specialized services including commercial banking, asset financing, mobile banking, internet banking, investment management, diaspora banking, credit/debit/prepaid card solutions, and wealth management.
