Banking / Financial Services
"I&M Bank: A heritage of trusted regional banking excellence since 1974."
I&M Bank, a subsidiary fully owned by I&M Holdings Limited—a publicly listed entity on the Nairobi Securities Exchange (USE)—boasts a distinguished banking legacy. Established in 1974, the bank has transformed from a local financial cooperative into a prominent regional commercial bank, delivering comprehensive corporate and retail banking solutions. With a presence spanning 35 branches across Kenya and international operations in three additional countries, I&M Bank stands as a key player in the Kenyan financial sector, 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 a 10.68% stake in I&M Holdings, the parent company of I&M Bank Ltd. Additionally, the bank maintains a technical support arrangement with the International Finance Corporation, facilitating staff training, product innovation, and risk management initiatives. I&M Bank also benefits from medium-term foreign currency credit facilities extended by European development finance institutions, including Prop arco, DEG, and FMO.
The bank’s international correspondent network includes leading global 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. Its international footprint comprises Bank One Limited in Mauritius, I&M Bank Tanzania Limited, and I&M Bank Rwanda, offering specialized banking services such as commercial and retail banking, asset financing, mobile and internet banking, investment management, diaspora banking, card solutions (credit, debit, and prepaid), and wealth management.
