Banking / Financial Services
"I&M Bank: A heritage-backed leader in regional banking."
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 distinguished banking legacy dating back to 1974, the bank has grown from a local financial institution into a prominent regional commercial bank. It provides an extensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains an international presence in three additional countries.
Renowned for its market leadership and sustained growth trajectory, I&M Bank distinguishes itself through continuous innovation in product and service offerings. CDC Group plc, a UK government-owned development finance institution, holds approximately 10.68% equity in I&M Holdings, the parent company of I&M Bank Ltd. Additionally, the bank benefits from a technical collaboration with the International Finance Corporation, which supports staff training, product development, and risk management initiatives.
I&M Bank also has access to medium-term foreign currency credit facilities provided by European development finance institutions, including Prop arco, DEG, and FMO. Its global correspondent banking network includes major multinational financial 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. Internationally, I&M Bank operates through subsidiaries including Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda.
The bank’s service portfolio encompasses specialized banking, commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, payment cards (credit, debit, and prepaid), and wealth management solutions.
