Banking / Financial Services
"I&M Bank: A legacy of growth and regional banking leadership."
I&M Bank is a fully owned subsidiary of I&M Holdings Limited, a publicly listed entity on the Nairobi Securities Exchange (USE). With deep-rooted banking expertise, the bank traces its origins back to 1974, when it began as a community-focused financial institution before expanding into a major, publicly traded regional commercial bank. Today, it delivers a comprehensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains an international presence in three additional countries. Recognized as a leading force in Kenya’s banking sector, I&M Bank has demonstrated sustained growth while continuously innovating its product and service offerings.
CDC Group plc, a development finance institution owned by the UK government, 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 focuses on staff training, product development, and risk management. I&M Bank also secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.
Its international correspondent banking network comprises prominent global banks such as Bank One Ltd, Citibank N.A., Commerzbank AG, Deutsche Bank AG, ICICI Bank Limited Mumbai, Mash req Bank PLC, Standard Bank of South Africa, and Standard Chartered Bank New York. I&M Bank’s overseas operations span Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda. The bank’s service portfolio includes specialized banking, commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, credit/debit/prepaid card solutions, and wealth management.
