I&M Bank

About I&M Bank

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, the bank traces its origins to 1974, when it began as a community-based financial institution before expanding into a major regional commercial bank offering comprehensive corporate and retail banking solutions. Operating across 35 branches in Kenya and maintaining an international presence in three additional countries, I&M Bank has established itself as a leading force in the Kenyan financial sector, consistently driving growth while pioneering innovative 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 enhances staff training, product development, and risk management capabilities. I&M Bank also leverages medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO. Its global correspondent banking network comprises prominent 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. The bank’s international footprint extends to Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda. I&M Bank’s service portfolio includes specialized banking solutions, asset financing, mobile and internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management services.