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May 05, 2015 3:31 AM ET

Banks

Company Overview of I&M Holdings Limited

Company Overview

I&M Holdings Limited operates as the holding company for I&M Bank Limited that provides corporate and retail banking products and services in Kenya. It offers personal banking services, such as personal transaction accounts, and recurring and fixed deposits, as well as savings accounts for children; credit, debit, and pre paid cards; home and car loans; mobile banking services; and investment management services, including securities accounts, facilitation of purchase and sale of securities from the stock market, fiduciary services, and investment in government securities. The company also provides business banking services comprising various business transaction accounts; loans, such as ove...

I&M Bank House

2nd Ngong Avenue

PO Box 30238

Nairobi,  00100

Kenya

Founded in 1974

Phone:

254 20 322 1000

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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