I&M Bank to open nine new branches in expansion drive

NAIROBI, Kenya, Feb 10 – I&M Bank will open nine new branches across Kenya in 2026 under its “Mahali Uko, Tuko” campaign, targeting high-growth Kenya breaking news | Kenya news today |..

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I&M Bank is set to significantly expand its presence in Kenya by opening nine new branches in 2026. This move is part of the bank's "Mahali Uko, Tuko" campaign, aiming to deepen financial inclusion and target high-growth areas.

The nine new branches will be located in Ngong Town, Kitengela, Nyahururu, Kitui, Homa Bay, Migori, Wote, Our Mall–Magadi Road, and Utawala.
Regional CEO Kihara Maina stated these branches will act as community hubs, offering various financial services and literacy programs.
This expansion follows the opening of 11 branches in 2025, increasing I&M Bank's network to 65 outlets across 27 counties, moving towards a goal of 80 branches by the end of 2026.

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I&M Bank Secures Sh800m for Lending and Opens Nine Branches; Stanbic Holdings Appoints New CEO - February 2026

Stanbic Holdings Plc has announced the appointment of Joshua Oigara as its new Chief Executive Officer and Director, effective March 1, 2026. In other banking sector news, I&M Bank is set to significantly expand its presence in Kenya by opening nine new branches in 2026. This expansion is part of the bank's "Mahali Uko, Tuko" campaign aiming to deepen financial inclusion. Additionally, I&M Bank and Ecobank have provided Sh800 million in local debt to Mogo Kenya. This funding is earmarked for expanding lending to small and micro enterprises, especially in the boda boda and informal transport sectors.