Browsing: I & M Bank

I&M Group PLC has launched its rebranded operations in Uganda, following its acquisition of Orient Bank Ltd on 30th April 2021.

The Ugandan bank will now operate as I&M Bank (Uganda) Limited and adopt the Group’s vibrant corporate logo and colours.

The Nairobi-based financial Group announced that the rebrand comes after I&M Group’s successful acquisition of a 90% shareholding in Uganda’s Orient Bank Ltd earlier this year.

This received regulatory approval from the Central Bank of Kenya, Bank of Uganda, Capital Markets Authority of Kenya as well as the Common Market for Eastern and Southern Africa (COMESA), and is part of the Group’s broader strategy to grow its business by increasing its geographical footprint across the Eastern African region.

“The rebrand will not only unlock the bank’s potential, but also will enable it to reach out to more customers within Uganda, and in Eastern Africa as a whole. Further, …