i & m bank limited type private company industry financial services founded 1974 headquarters i & m bank tower nairobi kenya key people s.b.r. shah chairman sarit raja shah chief executive officer 1 products loans retail accounts credit cards debit cards savings prepaid cards trade finance mortgages revenue aftertax us 49.2 million kes 4.19 billion 2013 total assets us 1.29 billion kes 110.3 billion 2013 website homepage headquarters i & m bank tower nairobi kenya i & m bank limited is a commercial bank in kenya the largest economy in the east african community . it is licensed by the central bank of kenya the central bank and national banking regulator . 2 contents 1 overview 2 history 3 i & m bank group 4 branch network 5 governance 6 see also 7 references 8 external links overview edit as of december 2013 update the bank s total assets were valued in excess of us 1.29 billion kes 110.3 billion with shareholders equity of approximately us 240.8 million kes 20.5 billion . 3 at that time the bank was ranked 10th by assets out of the 43 licensed banks in the country . 4 i & m bank serves the banking needs of large and small business customers as well as individuals with emphasis on large and medium sized corporations . history edit the bank traces its history to 1974 when investments & mortgages limited was formed as a private company providing personalised financial services to business people in the nairobi area . in 1980 i & m as the company was known at that time was registered as a financial institution under the banking act . following changes in the regulations of the central bank of kenya the banking regulator in the country i & m became a commercial bank in 1996 . in 2002 the present headquarters building a 16 storey glass and steel skyscraper known as the i & m bank tower was opened on kenyatta avenue in nairobi s central business district . the following year i & m bank acquired biashara bank of kenya limited expanding i & m s branch network client base and assets under management . in 2007 deg and proparco two international development financial institutions invested approximately us 4.5 million to acquire 11.96 percent shareholding in i & m bank . that shareholding was later increased to 19.7 percent . in 2008 i & m bank acquired a 50 percent ownership in first city bank limited fcb of mauritius . fcb has since rebranded itself as bank one mauritius . in 2010 i & m bank acquired a controlling shareholding in cf union bank of tanzania . cf union bank has since rebranded into i & m bank tanzania . 5 in july 2012 i & m bank group took a controlling interest in commercial bank of rwanda bcr the second largest commercial bank in the country at the time for an undisclosed sum of money . 6 in august 2013 bcr rebranded to i & m bank rwanda . 7 i & m bank group edit i & m bank limited is a member of the i & m bank group a financial services provider in eastern africa with an asset base in excess of us 1.635 billion kes 141.36 billion as of december 2013 . 8 the group is a conglomerate of businesses primarily in the financial services sector with subsidiaries in the eastern african countries of kenya mauritius rwanda and tanzania . shares of the group are listed on the nairobi stock exchange where they trade under the name i & m holdings limited using the symbol imhl . the companies that compose the group include the following i & m bank limited nairobi kenya ga insurance limited nairobi kenya bank one mauritius port louis mauritius 50 % shareholding i & m bank tanzania dar es salaam tanzania 55 % shareholding i & m bank rwanda kigali rwanda 55 % shareholding i & m bank uganda kampala uganda in development 9 branch network edit as of august 2014 update the bank maintains a network of branches at the following locations 10 kenyatta avenue branch i & m bank tower kenyatta avenue nairobi karen branch karen office park langata road nairobi 2nd ngong branch i & m bank house 2nd ngong avenue nairobi sarit centre branch first floor sarit centre westlands nairobi biashara street branch ansh plaza biashara street nairobi industrial area branch kcc building changamwe road nairobi langata link branch langata link complex langata south road nairobi valley arcade branch kenol kobil station gitanga road lavington nairobi panari sky centre branch panari sky centre mombasa road nairobi parklands branch centre point parklands road parklands nairobi wilson airport branch pewin house wilson airport nairobi ongata rongai branch first floor maasai mall ongata rongai south c branch south c shopping centre south c nairobi riverside drive branch 14 riverside drive nairobi nyali branch nyali cinemax main nyali road nyali mombasa mombasa branch biashara building nyerere road mombasa kisumu branch bon accord house oginga odinga street kisumu nakuru branch polo centre kenyatta avenue nakuru eldoret branch ground floor zion mall uganda road eldoret changamwe branch first floor refinery building refinery road changamwe mombasa kisii branch royal tower hospital road kisii malindi branch first floor pine court building lamu road malindi nyeri branch ground floor hopewell place gakere road nyeri thika branch ground floor 80 west place thika gigiri branch ground floor gigiri square united nations avenue nairobi mtwapa branch ground floor mtwapa mall mombasa malindi road mtwapa . lavington mall branch lavington mall 1st floor off james gichuru road nairobi kitale branch mega centre mall ground floor kitale lunga lunga branch first floor lunga lunga mall lunga lunga road industrial area nairobi yaya centre branch fourth floor yaya centre argwings kodhek road nairobi governance edit the chairman of the board of directors of i & m bank limited is s.b.r.shah one of the non executive directors . sarit shah is the executive director and arun mathur is the chief executive officer of the bank . 11 see also edit i & m bank tower economy of kenya list of banks in kenya references edit guguyu otiato 16 may 2016 . i & m names former barclays tanzania boss as new ceo . business daily africa . nairobi . retrieved 16 may 2016 . cbk . directory of commercial banks and mortgage finance companies pdf . central bank of kenya cbk . retrieved 7 august 2014 . i & mbg . 21 march 2014 . audited 31 december 2013 annual report and financial statement pdf . i & m bank group i & mbg . retrieved 7 august 2014 . bakelele . 28 april 2014 . kenya bank rankings by assets in 2013 . bankelele.co.ke . retrieved 7 august 2014 . i & mb . the history of i & m bank . i & m bank i & mb . retrieved 7 august 2014 . new times staff . 18 july 2012 . kenyan bank takes over bcr . the new times kigali . retrieved 7 august 2014 . gasore ben 12 august 2013 . bcr rebrands to i & m bank rwanda . the new times kigali . retrieved 7 august 2014 . i & mbg . 21 march 2014 . audited consolidated group 31 december 2013 annual report and financial statements pdf . i & m bank group i & mbg . retrieved 7 august 2014 . gachiri john 26 november 2013 . i & m targets uganda entry in east africa expansion plan . business daily africa nairobi . retrieved 7 august 2014 . i & mbk . the branch network of i & m bank kenya limited . i & m bank kenya i & mbk . retrieved 7 august 2014 . i & mbl . i & m bank limited the board of directors . i & m bank limited i & mbl . retrieved 7 august 2014 . external links edit i & m bank homepage bank one mauritius homepage tanzania dar es salaam bank stake acquired v t e banks of kenya central bank central bank of kenya commercial bank african banking corporation bank of africa barclays bank bank of baroda bank of india cfc stanbic bank chase bank citibank na kenya commercial bank of africa consolidated bank of kenya cooperative bank of kenya credit bank development bank of kenya diamond trust bank east african development bank ecobank kenya equity bank family bank fidelitybank first community bank giro commercial bank guaranty trust bank kenya guardian bank gulf african bank habib bank habib bank ag zurich housing finance company of kenya i & m bank limited imperial bank limited jamii bora bank kenya commercial bank middle east bank kenya m oriental bank national bank of kenya nic bank paramount universal bank post bank prime bank sidian bank spire bank standard chartered kenya trans national bank kenya united bank for africa victoria commercial bank financial services organization diamond trust bank group equity group holdings limited commercial bank of africa group guaranty trust bank east africa i & m bank group kenya commercial bank group nic bank group foreign banks bank of china bank of kigali hdfc bank nedbank the hongkong and shanghai banking corporation first rand defunct banks dubai bank kenya euro bank microfinance institutions faulu microfinance bank limited smep microfinance bank kenya women microfinance bank related topics automated teller machine atm atm usage fees de materialisation demat foreign exchange forex financial services real time gross settlement rtgs national electronic fund transfer neft structured financial messaging system sfms retrieved from https en.wikipedia.org w index.php title i % 26m bank limited & oldid 720534640 categories banks of kenyacompanies of kenya1974 establishments in kenyabanks established in 1974companies established in 1974economy of kenyanairobihidden categories engvarb from may 2013use dmy dates from may 2013articles containing potentially dated statements from december 2013all articles containing potentially dated statementsarticles containing potentially dated statements from august 2014 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage 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