I & M Holdings Plc

I&M Group PLC, formerly known as I&M Holdings Plc until June 2022, is a leading financial services conglomerate headquartered in Nairobi, Kenya. It operates as a non-operating holding company with interests in commercial banking, asset management, insurance, real estate, and capital markets advisory services across East Africa, including subsidiaries in Kenya, Tanzania, Rwanda, Uganda, and a joint venture in Mauritius. The flagship entity, I&M Bank Kenya, accounts for over 72% of the Group’s assets and focuses on medium-sized corporations, individuals, and businesses, offering products like transaction accounts, loans, cards, trade finance, and bancassurance.

The Group's history traces back to 1950 for incorporation, with I&M Bank founded in 1974 as Investments & Mortgages Limited, initially providing personalized financial services before converting to a commercial bank in 1996. Key milestones include the 2003 acquisition of Biashara Bank, the 2015-2017 merger with Giro Commercial Bank, and expansion through subsidiaries like I&M Capital and I&M Realty. In 2024, the company celebrated its 50-year Golden Jubilee, declaring a dividend of Kshs 3.00 per share.

I&M Group holds a strong market position as a Tier 1 financial institution in Kenya and a competitive regional player, recognized for personalized service, digital innovation, robust balance sheet, and disciplined risk management. As of recent reports, it serves over 727,000 customers through 107 branches and 143 ATMs, with total assets exceeding KES 415 billion.