The lender expanded its workforce and branch network across East Africa as customer numbers and profits continued to grow.
By
Edna Mwenda
Business Reporter
Nation Media Group
I&M Group saw its staff count rise by 355 last year as the Kenyan banking multinational accelerated its regional expansion strategy, with most of the new jobs added in Kenya.
I&M achieved a 24.8 percent growth in total operating income over the three-months period to Sh16.1 billion from Sh12.9 billion…
The lender increased its holding through a capital injection and the buyout of minority shareholders, signalling confidence in…
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NCBA had expanded its asset gap with I&M to Sh183.06 billion by the end of December 2022.
Kenya’s tier-1 banks have largely exhausted the pool of new digital users, and I&M Group’s disclosure that 98% of its customers…
Hours after Absa Bank Kenya announced the departure of chief executive Abdi Mohamed after a 32-year career at the lender, rival…
