I&M Bank limited

Overview

  • Sectors Banking
  • Posted Jobs 8
  • Viewed 73
  • Founded Since  1850

Company Description

I&M Bank limited

I&M Bank Limited, a subsidiary of I&M Group PLC, began in 1974 and converted into a commercial bank in 1996 . Headquartered in Nairobi’s I&M Bank Tower, it offers corporate, retail, SME, and diaspora banking through ~60 branches in Kenya, aiming for 100 by 2026 under its “iMara 3.0” growth strategy.

In Q3 2024, it posted a 21 % profit‑before‑tax increase to KES 14.1 billion, with notable digital gains, including the “Ni Sare” free transfers to M‑PESA . Led by CEO Gul Khan, it reported 27 % customer growth and a 100 % increase in digital transactions for full‑year 2023 . Frequently praised for its free mobile‑money transfers and intuitive app, I&M is strengthening its role in Kenya’s financial inclusion revolution .