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September 03, 2015 9:26 AM ET


Company Overview of I&M Holdings Limited

Company Overview

I&M Holdings Limited, through its subsidiaries, provides personal and business banking products and services in Kenya, Tanzania, Rwanda, and Mauritius. It offers personal and business transaction accounts, recurring deposits, and term and fixed deposits, as well as savings accounts for children; home and car loans; overdraft and term loans; e-commerce payment and salary processing services; trade finance services, including letters of credit, guarantees, and bill discounting services; and insurance premium financing services. The company also provides foreign exchange and fund transfer services, tax payment services, bancassurance, and agency banking services; and investment management servi...

I&M Bank House

2nd Ngong Avenue

PO Box 30238

Nairobi,  100


Founded in 1974

Key Executives for I&M Holdings Limited

I&M Holdings Limited does not have any Key Executives recorded.

I&M Holdings Limited Key Developments

Government To Sell Its Stake in I&M Bank

The government will soon sell its 19.8% stake in I&M Holdings Limited (NASE:CITY.O), a statement from the Ministry of Finance and Economic Planning indicates. According to the statement, the shares will be offered to the public in an initial public offering (IPO) through the Rwanda Stock Exchange (RSE), a move aimed at supporting development of the capital market in Rwanda. Ministry of Finance has already published a tender notice, seeking consultants for the provision of advisory services pertaining the listing. According to the tender issued on April 1, 2015, the ministry is looking for a lead transaction advisor, lead broker and a co-sponsoring broker, as well as legal advisor. It is also seeking a reporting accountant, public relations consultant, a receiving bank and a share registrar.

I&M Bank Signs Deal with Mobikash

I&M Bank has announced that it has signed a deal with MobiKash. The bank's customers will be able to deposit and withdraw money from the 500 MobiKash's network. Under the deal, MobiKash will manage all of its agents, while I&M Bank will take an oversight role.

Tuskys and I&M Bank to Open New Branches in Kitale

Tuskys and I&M Bank are set to open new branches in Kitale, taking up space in the newly completed Trafalgar Square. The development's owner Paresh Tanna has confirmed that the firms are among blue chip companies that will occupy the KES 400 million building.

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