Banking / Financial Services
"I&M Bank: 50 years of trusted regional banking growth."
I&M Bank, a wholly owned subsidiary of I&M Holdings Limited, operates as a publicly traded entity on the Nairobi Securities Exchange (USE). With a distinguished banking legacy, the institution traces its origins to 1974, when it began as a community-focused financial provider before expanding into a leading regional commercial bank. Today, it delivers an extensive suite of corporate and retail banking solutions, supported by 35 branches across Kenya and international operations spanning three additional countries.
Renowned for its market leadership and sustained growth, 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. The bank further benefits from a technical collaboration with the International Finance Corporation, which enhances staff training, product development, and risk management capabilities.
I&M Bank maintains strong international financial partnerships, secured through medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO. Its global banking network features correspondent 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. The bank’s international presence includes subsidiaries like Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, along with specialized services in areas such as commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, card solutions, and wealth management.