Banking / Financial Services
"I&M Bank: A trusted regional bank with a 50-year legacy."
I&M Bank, a fully owned subsidiary of I&M Holdings Limited, operates as a publicly listed entity on the Nairobi Securities Exchange (USE). With a distinguished banking legacy dating back to 1974, the bank has grown from a local financial institution into a prominent regional commercial bank. It delivers a comprehensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains international operations in three additional countries. Recognized as a key player in Kenya’s banking sector, I&M Bank has demonstrated consistent growth while pioneering innovative product and service offerings.
CDC Group plc, a UK government-owned development finance institution, holds approximately 10.68% equity stake in I&M Holdings, the parent company of I&M Bank Ltd. Furthermore, I&M Bank benefits from a technical collaboration with the International Finance Corporation, which supports staff training, product innovation, and risk management enhancement. The bank also secures medium-term foreign currency credit facilities from leading European development finance institutions, including Prop arco, DEG, and FMO.
I&M Bank’s global correspondent banking network includes prominent 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 services in areas including commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, card products (credit, debit, and prepaid), and wealth management.