Banking / Financial Services
"I&M Bank: A heritage-rooted regional leader in banking."
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 transformed from a local financial cooperative into a prominent regional commercial institution, providing an extensive suite of corporate and retail banking solutions. Operating 35 branches across Kenya and maintaining a presence in three additional countries, I&M Bank stands as a key player in the Kenyan financial sector, demonstrating sustained growth and a commitment to innovation in its 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, which supports staff training, product innovation, and risk management initiatives. I&M Bank also secures medium-term foreign currency credit facilities from leading European development finance institutions, including Prop arco, DEG, and FMO.
Its international correspondent banking network features globally recognized 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. Through its subsidiaries—Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda—the bank delivers specialized banking solutions including commercial banking, asset finance, mobile and internet banking, investment management, diaspora banking, card services (credit, debit, and prepaid), and wealth management.
