I&M Group Records Ksh 8.7 Billion Profit in First Half of 2024
August 22, 2024
I&M Group PLC has increased its Profit Before tax by 24% to Ksh 8.7 billion in first half of 2024, up from Ksh 7.0 billion in the same period in 2023. The Bank reported strong…
I&M Bank Tops Consumer Sentiment on Social Media
August 9, 2024
I&M Bank has been recognized as the number one bank in the Kenya Banking Consumer Sentiment on Social Media Index 2024 powered by Data EQ. This comprehensive analysis of consumer sentiment towards Kenya’s major banks…
Nikhil Rustam Hira Appointed as Board Chairman for I&M Bank (Rwanda)
July 25, 2024
I&M Bank (Rwanda) has announced the appointment of Mr. Nikhil Rustam Hira as the new Board Chairman effective 15th July 2024. Mr. Hira succeeds Mr. Bonaventure Niyibizi, who is retiring after serving the Bank with…
I&M Bank and Mastercard Launch Business Credit Card Proposition to Transform Business Expenses Management
July 20, 2024
I&M Bank has collaborated with Mastercard to launch the new Business Credit Card proposition, a comprehensive financial tool designed to help businesses manage day-to-day expenses more effectively and support global operations. This initiative marks another…
We Need More Digital and Innovative Financial Solutions for MSMEs Beyond Credit
July 3, 2024
By Eunice Kinyanjui – Head of Small Business at I&M Bank Ltd Micro, Small, and Medium Enterprises (MSMEs) are the backbone of Kenya’s economy, contributing significantly to innovation and economic growth. According to the Kenya…
British International Investment announces sale of stake in I&M to AfricInvest
June 11, 2024
British International Investment (‘BII’), the UK’s development finance institution and impact investor, has sold its 10.1 per cent stake in I&M Group PLC, the Eastern African banking group, to AfricInvest, a leading Pan-African Asset Management…
I&M Bank Extends FREE Bank to M-PESA Transfers to Solo Business Owners
April 9, 2024
Over one year ago, I&M Bank became the first and only bank to waive Bank to M-PESA and Airtel Money transfer fees for all personal account holders. Dubbed ‘Ni Sare Kabisa’, the free transfers have…
I&M Bank Opens 8 New Branches in Kenya
January 16, 2024
I&M Bank has opened 8 new branches in Kenya as part of its retail expansion strategy to further strengthen its presence in the region. As a leading financial partner for growth, the opening of the…
I&M Group PLC delivers 14% growth in profit after tax
November 28, 2023
I&M Group PLC increased its profit after tax by 14% to KES 8.2 billion for the 9-month period ending 30 September 2023, up from KES 7.2 billion in the same period in 2022. The operating…