Banking / Financial Services
"I&M Bank: A heritage-rich, regional banking leader since 1974."
I&M Bank is a subsidiary fully owned by I&M Holdings Limited, a publicly traded entity listed on the Nairobi Securities Exchange (USE). With a distinguished banking legacy, the bank traces its origins back to 1974, when it began as a community-based financial institution before expanding into a prominent regional commercial bank. Today, it delivers an extensive portfolio of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains an international presence in three additional countries. As a key player in Kenya’s financial sector, I&M Bank has demonstrated sustained growth and innovation, continuously enhancing its 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. Furthermore, 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 leading European development finance institutions, including Prop arco, DEG, and FMO.
The bank’s international correspondent banking network includes esteemed multinational institutions such as Bank One Ltd, Citibank N.A., Commerzbank AG, Deutsche Bank AG, ICICI Bank Limited Mumbai, Mash req Bank P.S.C., Standard Bank of South Africa, and Standard Chartered Bank New York.
I&M Bank’s international footprint extends to Mauritius through Bank One Limited, Tanzania via I&M Bank Tanzania Limited, and Rwanda via I&M Bank Rwanda’s specialized banking services, which span commercial banking, asset finance, mobile banking, internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management.
