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 deep-rooted banking expertise, the bank traces its origins to 1974, when it began as a local financial cooperative before expanding into a leading regional commercial bank offering comprehensive corporate and retail banking solutions. Operating 35 branches throughout Kenya and maintaining international presences in three additional countries, I&M Bank holds a strong position in the Kenyan banking sector, marked by consistent growth and a reputation for innovation in 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, the bank benefits from a technical support agreement with the International Finance Corporation, which assists with staff development, product innovation, and risk management. I&M Bank also secures medium-term foreign currency credit facilities from European development finance partners, including Prop arco, DEG, and FMO.
Its international correspondent banking network includes major global 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. I&M Bank’s international operations span Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, where it delivers specialized services including commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, card solutions (credit, debit, and prepaid), and wealth management.
