HomeTagsI&M bank

Tag: I&M bank

I&M Bank Rwanda Replaces CEO, But Hints At Retaining Him

On June 16th, 2023, the Board of Directors of I&M Bank Rwanda Plc announced the appointment of Mr Benjamin Mutimura as the new Chief Executive Officer (CEO).

At I&M Group, Growth Strategy Fails To Accelerate Profit

I&M Group profit after tax for the three months to March 31, this year, remained flat at Ksh2.7 billion

Bank to M-Pesa Fees: I&M First to Scrap Charges

The reintroduction of the fees by lenders following a directive from the Central  Bank of Kenya (CBK) had fueled discontent among customers of the country's biggest bank, even as analysts predicted that it would fuel an increased preference for cash transactions.

I&M Promotes Kihara Maina to Regional CEO

Low's 2-year stint had seen I&M continue its expansion in the region - including its 2021 entry into Uganda with the Ksh3.6 billion acquisition of a 90% stake in Oriental Bank Limited. I&M credited Low with driving regional growth, and tasked Maina with further accelerating it. 

Crown Paints, I&M Bank Unveil Upto Ksh10 Million Loans Service For Dealers

Crown Paints PLC Kenya has inked a deal with I&M Bank to provide authorized paint dealers and customers with quick loans when they place orders exclusively from Crown Paints. Under the stock financing solution, I&M Bank will provide an unsecured loan of up to Ksh10...

I&M Group Q1 2022 Net Profit Soars To Sh2.7 Billion

I&M Group PLC has continued its growth momentum into the first quarter of 2022, with the Group reporting a 44% growth in profit after tax to Ksh2.7 billion compared to Ksh1.9 billion in the same period in 2021. During the period under review, the...