I&M Bank

About I&M Bank

I&M Bank is a fully owned subsidiary of I&M Holdings Limited, a publicly listed entity on the Nairobi Securities Exchange (USE). With a strong banking legacy, the bank traces its origins back to 1974, when it began as a community-focused financial institution before expanding into a major regional commercial bank. Today, it provides a comprehensive suite of corporate and retail banking solutions across 35 branches in Kenya, along with international operations in three additional countries. Consistently growing and recognized as a key player in Kenya’s banking sector, I&M Bank is recognized for its innovative approach to 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 covers staff training, product innovation, and risk management.

I&M Bank also maintains medium-term foreign currency credit facilities through European development finance institutions, including Prop arco, DEG, and FMO. Its international correspondent banking relationships include prominent global 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 NY. The bank’s international footprint spans Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda. Among its key service offerings are specialized banking, commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, credit/debit/prepaid cards, and wealth management.