Banking / Financial Services
"I&M Bank: A trusted regional bank with a banking heritage since 1974."
I&M Bank operates as a wholly owned subsidiary of I&M Holdings Limited, a publicly listed entity on the Nairobi Securities Exchange (USE). With a distinguished banking history, the bank traces its origins to 1974, having grown from a local financial institution into a prominent regional commercial bank. Today, it delivers a comprehensive suite of corporate and retail banking solutions, maintains a network of 35 branches across Kenya, and conducts international operations in three additional countries.
As a leading force in Kenya’s banking sector, I&M Bank continues to expand while maintaining a strong commitment to innovation in products and services. CDC Group plc—fully owned by the UK government’s development finance arm—holds a 10.68% stake in I&M Holdings, the parent company of I&M Bank Ltd. Additionally, the bank benefits from a technical support arrangement with the International Finance Corporation, which focuses on staff training, product development, and risk management.
I&M Bank also benefits from medium-term foreign currency credit lines provided by European development finance institutions, including Prop arco, DEG, and FMO. Its international correspondent banking relationships are extensive, encompassing major global banks 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 NY.
Further strengthening its cross-border presence, I&M Bank operates through subsidiaries including Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda—each offering specialized banking solutions. The bank’s service portfolio includes commercial and retail banking, asset financing, mobile and internet banking, investment management, diaspora banking, card services (credit, debit, and prepaid), and wealth management.
