I&M Bank

I&M Group PLC is a regional banking and insurance group headquartered in Nairobi that serves retail consumers, SMEs, corporates, and institutional clients across Kenya, Rwanda, Tanzania, Uganda, and Mauritius. It traces its roots to 1974, when it was founded as Investments & Mortgages Limited at Phoenix House in Nairobi; it converted to a full commercial bank in 1996 and adopted the name I&M Bank in 2008. In 2013, I&M Bank Limited combined with the listed investment firm City Trust Limited in a reverse merger to form I&M Holdings Limited (later renamed I&M Group PLC), which trades on the Nairobi Securities Exchange.

The group expanded regionally through acquisitions: Bank One in Mauritius (2008, a joint venture rebranded from First City Bank), I&M Bank Tanzania (2010, formerly CF Union Bank), I&M Bank Rwanda (2012, formerly Banque Commerciale du Rwanda, acquired with development-finance partners Proparco and DEG), and I&M Bank Uganda (2020, formerly Orient Bank). I&M Bank Rwanda is separately listed on the Rwanda Stock Exchange.

Key capabilities and services include:

• Multi-country banking presence through a network of 94 branches and 130 ATMs across Kenya, Mauritius (via Bank One), Rwanda, Tanzania, and Uganda, serving over 600,000 customers
• Full-service banking offerings across corporate, business, and personal banking, covering deposit accounts, loans and advances, and a payment API gateway for business integrations
• Wealth management and advisory services for higher-net-worth and institutional segments, alongside bancassurance and insurance-related services
• Investor and governance information published via the group website, including financial results and annual reports, subsidiary briefs, and corporate governance materials

Available on Web via the group website and country-specific bank sites; Android and iOS availability varies by market through country-specific banking apps.

Target users include individual customers, MSMEs and SMEs, corporate and institutional clients, and wealth management customers across Eastern Africa.

Notable in the region as a public company listed on the Nairobi Securities Exchange (NSE) with roughly KES 533 billion in group assets, a diversified footprint across five East African and Indian Ocean markets, and community work delivered through the I&M Foundation, spanning environmental conservation, education and skills development, and giving programs.