Banking / Financial Services
"I&M Bank: A trusted heritage 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 a longstanding banking tradition, the bank was established in 1974 and has since transformed from a local financial cooperative into a leading regional commercial bank providing comprehensive corporate and retail banking solutions. Operating 35 branches across Kenya and maintaining a presence in three additional countries, I&M Bank has established itself as a key player in the Kenyan financial sector, characterized by steady growth and a strong commitment to innovation in products 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 encompasses staff training, product development, and risk management initiatives. The bank also secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.
I&M Bank’s international correspondent banking network features partnerships with 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. Its international operations encompass Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda.
The bank’s service portfolio includes specialized offerings such as Specialty Banking, Commercial Banking, Asset Finance, Mobile Banking, Internet Banking, Investment Management Services, Diaspora Banking, Credit/Debit/Prepaid Cards, and Wealth Management.
