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
By Brand Spot
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
By Brand Spot
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…
I&M Group appoints Robin Bairstow as Chief Executive Officer for its Ugandan Subsidiary
August 31, 2023
I&M Group and the Board of Directors of I&M Bank (Uganda) Limited have announced the appointment of Mr. Robin Bairstow as the Chief Executive Officer (CEO) effective August 2023 subject to Bank of Uganda approval….
I&M Group Records 23% Jump in Operating Income
August 25, 2023
I&M Group PLC increased its operating income by 23% to KES 19.1 billion in the first half of 2023, up from KES 15.6 billion in the same period in 2022. The operating income was boosted…
I&M Bank Rwanda Announces New CEO Appointment and Executive Transition
June 19, 2023
I&M Bank Rwanda Plc has recently made significant executive appointments, with Mr. Benjamin Mutimura set to assume the role of Chief Executive Officer (CEO) from July 1st, 2023. This press release highlights the transition and…