Banking / Financial Services
"I&M Bank: A trusted regional bank with a rich banking heritage."
I&M Bank is a fully owned subsidiary of I&M Holdings Limited, a publicly traded entity on the Nairobi Securities Exchange (USE). With a banking heritage dating back to 1974, the bank has transformed from a community financial institution into a prominent regional commercial bank, providing an extensive suite of corporate and retail banking solutions. Operating 35 branches across Kenya and maintaining an international presence in three additional countries, I&M Bank is a key player in the Kenyan banking sector, consistently expanding its market share through innovation in product offerings and services. 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 agreement with the International Finance Corporation, which focuses on staff training, product development, and risk management. The bank also secures medium-term foreign currency credit facilities from European development financial institutions, including Prop arco, DEG, and FMO. Its international correspondent banking network includes major multinational 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 Mauritius, Tanzania, and Rwanda, where it offers specialized services including commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, card solutions (credit, debit, and prepaid), and wealth management.
