Banking / Financial Services
"I&M Bank: A heritage-backed regional banking leader 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 distinguished banking legacy, the bank was established in 1974 and has since transformed from a local financial cooperative into a prominent regional commercial bank. It delivers a comprehensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains a presence in three additional countries. Recognized as a key player in Kenya’s banking sector, I&M Bank has demonstrated sustained growth while pioneering innovative 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, the bank benefits from a technical collaboration with the International Finance Corporation, which provides staff training, product development, and risk management support. 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 global connectivity is strengthened through correspondent banking relationships with major multinational 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). Its international footprint spans Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, where it delivers specialized banking solutions including commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, card services (credit, debit, and prepaid), and wealth management.