Banking / Financial Services
"I&M Bank: A legacy of regional banking excellence."
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 history, the bank has grown from a local financial institution established in 1974 into a leading regional commercial bank, providing a comprehensive suite of corporate and retail banking solutions. I&M Bank operates 35 branches across Kenya and maintains an international presence in three additional countries. Renowned for its market leadership and consistent growth, the bank stands out for its innovative 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 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 prominent European development finance institutions, including Prop arco, DEG, and FMO.
The bank’s global correspondent banking network includes leading multinational 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. Its international operations span Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized services including commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management.
