Banking / Financial Services
"I&M Bank: A trusted regional bank since 1974."
I&M Bank, a wholly owned subsidiary of I&M Holdings Limited—a publicly listed entity on the Nairobi Securities Exchange (USE)—boasts a distinguished banking heritage. Established in 1974, the bank has grown from a local financial institution into a prominent regional commercial bank, delivering a comprehensive suite of corporate and retail banking solutions. With 35 branches across Kenya and international operations spanning three additional countries, I&M Bank maintains a strong market presence in Kenya, marked by consistent growth and a commitment to product and service innovation.
CDC Group plc, a development finance institution wholly owned by the UK government, 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 secures medium-term foreign currency credit facilities from leading European development financial institutions, including Prop arco, DEG, and FMO.
The bank’s 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 footprint extends to Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda.
Its product and service offerings encompass specialties in banking, commercial banking, asset finance, mobile banking, internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management.