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 distinguished banking legacy dating back to 1974, the bank has transformed from a local financial institution into a prominent regional commercial bank, delivering an extensive suite of corporate and retail banking solutions. Operating 35 branches in Kenya and maintaining an international presence in three additional countries, I&M Bank stands as a key player in the Kenyan market, characterized by sustained growth and a commitment to innovation in 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. The bank further benefits from a technical support agreement with the International Finance Corporation, facilitating staff training, product development, and risk management initiatives. Additionally, I&M Bank has secured medium-term foreign currency credit facilities from European development finance institutions, including Prop arco, DEG, and FMO. Its global correspondent banking network comprises major multinational 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. I&M Bank’s international footprint extends through subsidiaries like Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda. The bank’s service portfolio encompasses specialized offerings such as Specialty Banking, Commercial Banking, Asset Finance, Mobile Banking, Internet Banking, Investment Management Services, Diaspora Banking, Credit/Debit/Prepaid Cards, and Wealth Management.