Banking / Financial Services
"I&M Bank: A heritage-driven leader in regional banking."
I&M Bank, a fully owned subsidiary of I&M Holdings Limited, operates as a publicly traded entity on the Nairobi Securities Exchange (USE). With a distinguished banking legacy, the institution traces its origins to 1974, when it began as a community-focused financial institution before expanding into a prominent, publicly listed regional commercial bank. Today, it delivers an extensive suite of corporate and retail banking solutions, maintains a network of 35 branches across Kenya, and operates internationally in three additional countries.
Renowned as a key player in Kenya’s banking sector, I&M Bank has demonstrated consistent growth alongside a commitment to innovation in 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. The bank also benefits from a technical collaboration with the International Finance Corporation, which supports staff training, product innovation, and risk management initiatives.
I&M Bank’s financial stability is further strengthened by medium-term foreign currency credit facilities secured from leading European development finance institutions, including Prop arco, DEG, and FMO. Its global correspondent banking relationships span major multinational institutions such as Bank One Ltd, Citibank N.A., Commerzbank AG, Deutsche Bank AG, ICICI Bank Limited (Mumbai), Mash req Bank PLC, Standard Bank of South Africa, and Standard Chartered Bank (New York). Internationally, I&M Bank operates through subsidiaries including Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized services in commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, card products (credit, debit, and prepaid), and wealth management.