Banking / Financial Services
"I&M Bank: A heritage-backed regional banking leader."
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 legacy dating back to 1974, the bank has transformed from a local financial institution into a leading regional commercial bank, providing an extensive suite of 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, consistently expanding its market share while pioneering innovative products and services.
CDC Group plc, a development finance institution under the ownership of the United Kingdom’s 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 collaboration with the International Finance Corporation, which supports staff training, product innovation, and risk management initiatives. I&M Bank also secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.
The bank’s international correspondent banking network includes prominent global financial institutions such as Bank One Ltd, Citibank N.A., Commerzbank AG, Deutsche Bank AG, ICICI Limited Mumbai, Mash req Bank PLC, Standard Bank of South Africa, and Standard Chartered Bank New York. I&M Bank’s international footprint extends through Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized services in commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, card solutions (credit, debit, and prepaid), and wealth management.
