I&M Bank Expands with Five New Branches Across Kenya
I&M Bank has opened five new branches in Narok, Busia, Ruiru, Tatu City (Kiambu County), and Embu, enhancing access to financial services in growing urban centers and underbanked regions.
This expansion increases the bank’s branch network to 52 across 16 counties.
The new branches are strategically located to support various local economies. In Narok and Embu, I&M Bank will cater to the agricultural and livestock sectors, while Busia, a key trading hub near the Uganda border, will benefit from improved cross-border trade.
Tatu City and Ruiru, both rapidly industrializing, will receive tailored financial solutions for local businesses and homeowners.
Gul Khan, CEO of I&M Bank, emphasized that the expansion aligns with the bank’s mission to promote financial inclusion and drive economic growth in Kenya’s emerging urban areas.
““We are excited to extend our reach into these vibrant business hubs and look forward to supporting the local communities through job creation and financial solutions, especially for small and medium-sized enterprises which are the backbone of our economy,” said Gul Khan.
“Our wide-ranging, fit-for-purpose trade financing and agribusiness propositions are set to boost Narok and Embu’s agricultural sector and Busia’s trade activities. In Tatu City and Ruiru, we look forward to partnering with industries and businesses to drive economic empowerment and wealth creation across the supply value chain.”
He noted that the bank’s offerings, including trade financing and agribusiness support, would boost local economies, particularly for small and medium-sized enterprises.
The new full-service branches will provide a range of services, including business loans, agricultural financing, personal banking, and cross-border transaction support, positioning I&M Bank as a key player in the economic development of these regions.
At the Busia branch opening, the Kenya Association of Manufacturers (KAM) Chairman for Western and Nyanza Regions praised the bank’s expansion, stating that it will be a valuable partner for manufacturers looking to scale their operations and contribute to job creation in the region.
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