I&M Bank

About I&M Bank

I&M Bank is a fully owned subsidiary of I&M Holdings Limited, a publicly traded company listed on the Nairobi Securities Exchange (USE). With a distinguished banking heritage, the bank traces its origins back to 1974, when it began as a community financial institution and has since grown into a major regional commercial bank. It provides a comprehensive suite of corporate and retail banking solutions, operates 35 branches across Kenya, and maintains an international presence in three additional countries. As a leading force in the Kenyan banking sector, I&M Bank has demonstrated sustained growth and a strong commitment to innovation, expanding the breadth and depth of its product and service offerings.

CDC Group plc, a UK government-owned development finance institution, holds approximately 10.68% of I&M Holdings, the parent company of I&M Bank Ltd. Additionally, I&M Bank benefits from a technical support agreement with the International Finance Corporation, which encompasses staff training, product development, and risk management initiatives. 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 international correspondent banking relationships include prominent 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. The bank’s international network comprises Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized services in commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, card solutions (credit, debit, and prepaid), and wealth management.