Banking / Financial Services
"I&M Bank: Reliable regional banking 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 a longstanding banking legacy, the bank was established in 1974 and has since transformed from a local financial cooperative into a prominent, publicly listed regional commercial bank. Today, it provides an extensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains international operations in three additional countries.
Recognized as a leading force in Kenya’s banking sector, I&M Bank has demonstrated consistent growth while pioneering innovative financial products and services tailored to evolving market needs. 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, I&M Bank benefits from a technical cooperation agreement with the International Finance Corporation, which supports staff training, product innovation, and risk management initiatives. The bank also secures medium-term foreign currency credit lines from leading European development financial institutions such as Prop arco, DEG, and FMO.
I&M Bank’s strong global connectivity is reinforced by its partnerships with prominent multinational correspondent banks, including Bank One Ltd, Citibank N.A., Commerzbank AG, Deutsche Bank AG, ICICI Bank Limited Mumbai, Mash req Bank PLC, Standard Bank of South Africa, and Standard Chartered Bank NY. Its international footprint spans Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda.
The bank’s diverse service portfolio encompasses specialties in commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, card services (credit, debit, and prepaid), and wealth management.