Banking / Financial Services
"I&M Bank: A legacy of regional banking excellence since 1974."
I&M Bank is a fully owned subsidiary of I&M Holdings Limited, a publicly traded entity listed on the Nairobi Securities Exchange (USE). With over four decades of banking expertise, the bank has grown from a local financial institution established in 1974 into a prominent regional commercial bank. It delivers a comprehensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains an international presence in three additional countries. Consistently expanding its market share in Kenya, I&M Bank is recognized for its 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. Additionally, the bank benefits from a technical support agreement with the International Finance Corporation, which aids in staff training, product development, and risk management. I&M Bank also secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO.
Its global correspondent banking network includes leading multinational 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 Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized banking services including Commercial Banking, Asset Finance, Mobile Banking, Internet Banking, Investment Management, Diaspora Banking, Credit/Debit/Prepaid Cards, and Wealth Management.
