I&M Bank

About I&M Bank

I&M Bank operates as a fully owned subsidiary of I&M Holdings Limited, a publicly listed entity on the Nairobi Securities Exchange (USE). With a longstanding tradition in banking, the institution traces its origins back to 1974, when it began as a community-based financial organization before expanding into a prominent regional commercial bank. Today, I&M Bank delivers a comprehensive suite of corporate and retail banking solutions, boasts a network of 35 branches across Kenya, and maintains international operations in three additional countries.

Recognized as a key player in the Kenyan banking sector, I&M Bank has demonstrated consistent growth while maintaining a reputation for innovation in 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 support agreement with the International Finance Corporation, which aids in staff training, product development, and risk management.

I&M Bank also secures medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO. Its global correspondent banking network comprises leading multinational financial 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’s presence includes Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda.

The bank’s service portfolio encompasses specialties in banking, commercial and asset financing, mobile and internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management.