Banking / Financial Services
"I&M Bank: A leading regional bank with rich heritage and strong growth."
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 traces its origins to 1974, when it began as a community-focused financial institution before expanding into a prominent regional commercial bank. Today, it delivers a comprehensive suite of corporate and retail banking solutions across 35 branches in Kenya and maintains an international footprint spanning three additional countries. Renowned as a key player in Kenya’s banking sector, I&M Bank has demonstrated sustained growth while pioneering 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 to enhance staff training, product innovation, and risk management practices. I&M Bank also secures medium-term foreign currency credit facilities from leading European development finance institutions, including Prop arco, DEG, and FMO. Its global correspondent banking network features major 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. The bank’s international presence includes subsidiaries in Mauritius (Bank One Limited), Tanzania (I&M Bank Tanzania Limited), and Rwanda (I&M Bank Rwanda), offering specialized financial services. Its offerings encompass commercial and specialty banking, asset financing, mobile and internet banking, investment management, diaspora banking solutions, credit/debit/prepaid cards, and wealth management services.