Banking / Financial Services
"I&M Bank: A heritage-rich, trusted regional banking leader."
I&M Bank is a fully owned subsidiary of I&M Holdings Limited, a publicly traded entity listed on the Nairobi Securities Exchange (USE). With a strong legacy in the banking sector, the bank traces its origins to 1974, when it began as a community-focused financial institution and has since grown into a prominent regional commercial bank. It provides a comprehensive suite of corporate and retail banking solutions, operates through 35 branches across Kenya, and maintains an international presence in three additional countries.
Renowned as a key player in Kenya’s banking landscape, I&M Bank has demonstrated consistent growth while pioneering innovative products and services tailored to meet evolving market needs. 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 arrangement with the International Finance Corporation, which enhances staff training, product innovation, and risk management capabilities.
I&M Bank also secures medium-term foreign currency credit facilities from leading European development finance institutions, including Prop arco, DEG, and FMO. Its global banking relationships are supported by correspondent partnerships with major 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. Internationally, I&M Bank operates through Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized banking services including commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, card services (credit, debit, and prepaid), and wealth management.