Banking / Financial Services
"I&M Bank: A trusted leader in regional banking."
I&M Bank, a subsidiary of I&M Holdings Limited—a publicly traded entity on the Nairobi Securities Exchange (USE)—boasts a distinguished banking legacy. Established in 1974, it has transformed from a local financial cooperative into a leading regional commercial bank, delivering comprehensive corporate and retail banking solutions. With 35 branches across Kenya and a presence in three additional countries, I&M Bank maintains a stronghold in the Kenyan market, consistently expanding while pioneering innovative products and services.
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 collaborates with the International Finance Corporation under a technical support agreement, enhancing staff training, product innovation, and risk management practices. I&M Bank also benefits from medium-term foreign currency credit facilities provided by European development finance institutions, including Prop arco, DEG, and FMO.
The bank’s international correspondent banking network features 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 New York. Its overseas operations include Bank One Limited (Mauritius), I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized banking solutions including commercial banking, asset financing, mobile and internet banking, investment management, diaspora banking, card services (credit/debit/prepaid), and wealth management.
