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In September 2015, I&M Holdings began the process of acquiring Giro Commercial Bank and the merging of its business with that of I&M Bank Limited. The process, which required regulatory approval, [ 10 ] [ 11 ] was concluded in February 2017, with Giro Commercial Bank surrendering its banking license and becoming part of I&M Bank Kenya.
The Bank is the second-largest sized commercial bank in Rwanda, behind Bank of Kigali, serving large corporations, small-to-medium businesses, and individuals.As of December 2023, the bank's total assets were valued at RWF 678,774,235,000 (US$515.79 million), with shareholders' equity of RWF 78,649,345,000 (approx. US$59.76 million).
On 7 September 2015 I&M Holdings announced the acquisition of Giro Commercial Bank and merging of its business with that of I&M Bank Kenya. The process, which required regulatory approval, [ 10 ] was concluded in February 2017, with Giro Commercial Bank surrendering its banking license and becoming part of I&M Bank Limited.
Avoid these common banking mistakes that cost you money — expert tips on retirement, savings accounts, and optimizing your finances.
Having a bank account is one of the easiest ways to manage your finances. As long as that account is insured -- such as through the FDIC -- and has features like fraud protection and identity ...
I’m a Financial Advisor: These 4 Banking Habits Predict Financial Instability. Laura Bogart. January 25, 2025 at 1:03 PM. ... Find the Top Bank For You: The Best Banks of 2025 In Each State.
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