请输入您要查询的百科知识：

　

词条 I&M Holdings Limited
释义

  1. History

      City Trust    I&M Bank    Merger    Post merger  

  2. Member companies

  3. Ownership

  4. Governance

  5. See also

  6. References

{{EngvarB|date=May 2013}}{{Use dmy dates|date=May 2013}}{{Infobox company
| name = I&M Holdings Limited
| logo =
| type = Public
| traded_as = {{KN|IMH}}
| foundation = {{Start date and years ago|1950|08|15|df=y}}
| location = I&M Bank Tower
Kenyatta Avenue
Nairobi, Kenya
| key_people = Kihara Maina
Group Executive Director[1]
| industry = Banking, Insurance
| products = Banking & Insurance
| revenue = {{profit}}Pretax:US$102 million (KES:10.2 billion) (2015)[2]
| assets = US$1.916 billion (KES: 191.7 billion) (2015)[2]
| num_employees = 1,600+
| num_employees_year = 2016[4]
| homepage = {{url |http://www.imbank.com}}
}}I&M Holdings Limited, also I&M Bank Group, is a conglomerate comprising financial service providers (banks and an insurance company). The group's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Mauritius, Rwanda and Tanzania. The flagship company of the group is I&M Bank Limited, with headquarters in the I&M Bank Tower on Kenyatta Avenue in the central business district of Nairobi, Kenya's capital and largest city.[3]

History

I&M Holdings as we now know it is a result of a reverse merger between City Trust Limited and I&M Bank Limited.[4]

City Trust

I&M Holdings Limited was founded in 1950 as City Trust Limited, an investment holding company. The firm was one of the first to list its stock on the Nairobi Securities Exchange.[4]

I&M Bank

I&M Bank was founded in 1974 as Investments & Mortgages Limited, as a private company providing personalised financial services to business people in the Nairobi area. The firm converted to a commercial bank in 1996. In 2003, the bank acquired Biashara Bank of Kenya Limited thereby expanding its branch network, client base and assets under management.

In 2010, the group acquired a controlling interest in CF Union Bank of Tanzania, whose assets were estimated at about US$61 million in December 2009. In September 2010, CF Union Bank Tanzania rebranded to I&M Bank (Tanzania).[5] The group is reported to have intentions to expand throughout East Africa through acquisitions.[6]

During 2012, the group acquired a controlling interest in Commercial Bank of Rwanda (BCR), the second-largest commercial bank in the Republic of Rwanda. In 2013 BCR rebranded to I&M Bank (Rwanda), to reflect its current shareholding.[7]

Merger

In 2013, the boards of City Trust and I&M Bank announced a reverse takeover of the latter. A decision that was accepted by shareholders of both companies and completed in June 2013. City Trust's name was changed to I&M Holdings and the I&M Bank's subsidiaries were unbundled from the bank to I&M Holdings.[4]

Post merger

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,[8][9] was concluded in February 2017, with Giro Commercial Bank surrendering its banking license and becoming part of I&M Bank Limited.[10]

Member companies

The companies that comprise the I&M Bank Group include, but are not limited, to the following:

  1. I&M Bank Limited – Nairobi, Kenya: The flagship company of the group. A commercial bank in Kenya, serving individuals and businesses, focusing mainly on medium sized corporations. Total Bank Assets as of December 2015 valued at approximately US$1.48 billion (KSh147.85 billion).&91;11&93;
  2. Bank One Mauritius – Port Louis, Mauritius: The group owns 50% of Bank One Mauritius. The other 50% is owned by CIEL Investments Limited. As of December 2013, total bank assets were approximately US$581.85 million.
  3. I&M Bank Tanzania Limited – Dar-es-Salaam, Tanzania: I&M Bank Group owns 55.03 percent shareholding since 2010. Other investors in I&M Bank Tanzania Limited include: PROPARCO of France, Kibo Fund, a private equity fund based in Mauritius and Michael Shirima, a Tanzanian businessman.&91;6&93; Total bank assets as of December 2013 valued at TSh296.64 billion.&91;12&93;
  4. I&M Bank Rwanda Limited – Kigali, Rwanda: In July 2012, I&M Bank Group acquired 54.99 percent shareholding in Commercial Bank of Rwanda (BCR), the second-largest commercial bank in the country at the time, for an undisclosed sum of money. BCR re-branded to I&M Bank Rwanda in August 2013. Total Bank Assets as of December 2013 estimated at approximately US$185.27 million.
  5. I&M Capital – Nairobi, Kenya: A fund management company licensed by the Capital Markets Authority.&91;13&93;
  6. GA Insurance – Nairobi, Kenya: Incorporated as General Accident Insurance of Kenya in 1979, the company was acquired by the I&M Bank Group in 2005. Since its acquisition, the company has re-branded as GA Insurance Limited. The company provides various types of insurance cover, including health care coverage.&91;14&93;
  7. Burbidge Capital Limited - An investment advisory company with offices in Kenya, Uganda and the United Kingdom.&91;15&93;&91;16&93;
  8. Giro Commercial Bank - A commercial bank in Kenya, with total banking assets of approximately US$160 million (KSh16.2 billion), acquired in September 2015. Once regulatory approval is given, the bank will be merged with I&M Bank Limited.&91;17&93;

Ownership

The shares of I&M Holdings Limited are listed on the Nairobi Securities Exchange (NSE), where they trade under the symbol IMHL. {{asof|October 2018}} the shareholding of I&M Holdings Limited was as follows:[18]

I&M Bank Group Stock Ownership
RankName of OwnerPercentage Ownership
1Minard Holdings Limited of Kenya21.37
2Tecoma Limited of Kenya18.39
3 Ziyungi Limited of Kenya17.79
4 CDC Group of the United Kingdom10.13
5 Other shareholders individually not holding more than 5% each32.32
Total100.00

Governance

I&M Holdings Limited is governed by a nine-person Board of Directors with S. B. R. Shah serving as the Chairman of the group.[19]

See also

  • I&M Bank Tower
  • List of Insurance companies in Kenya
  • German Investment Corporation
  • List of conglomerates in Africa

References

1. ^{{cite web|accessdate=16 May 2016|first=Otiato| url=http://www.businessdailyafrica.com/Corporate-News/I-M-names-former-Barclays-Tanzania-boss-as-new-CEO/-/539550/3205462/-/rre3duz/-/index.html| title=I&M names former Barclays Tanzania boss as new CEO|date=16 May 2016| last=Guguyu|newspaper=Business Daily Africa|location=Nairobi}}
2. ^1 {{cite web|accessdate=29 March 2016|date=29 March 2016| url=http://allafrica.com/stories/201603290858.html|title=Kenya: I&M Bank Group Declares a 24 Percent Growth in Profit |location=Nairobi|publisher=98.4 Capital FM via AllAfrica.com|first=Margaret | last=Njugunah}}
3. ^{{cite web|accessdate=29 March 2016|last=Zandi Shabalala, George Obulutsa|url=https://www.reuters.com/article/kenya-im-holdings-results-idUSL6N0N227E20140410|title=Kenya's I&M Bank posts 27 pct jump in pretax profit for 2013| date=10 April 2014 |publisher=Reuters.com|first=and Elaine Hardcastle}}
4. ^1 2 {{Cite web|url=https://www.imbank.com/about-us/i-and-m-holdings/|title=About us - I&M Holdings Limited|last=|first=|date=|website=|publisher=I&M Holdings Limited|access-date=2016-06-07}}
5. ^{{cite web|accessdate=29 March 2016|date=19 September 2010| url=http://allafrica.com/stories/201009200918.html|title=Tanzania: CF Union Bank Changes Name |newspaper=Tanzania Daily News via AllAfrica.com|location=Dar es Salaam|last=TDN Reporter}}
6. ^1 {{cite web|accessdate=29 March 2016|date=September 2010| url=http://www.businessdailyafrica.com/Company%20Industry/-/539550/849486/-/view/printVersion/-/ypw2u6z/-/index.html |title=I&M moves into Tanzania for a regional footprint |last=BDA Reporter|newspaper=Business Daily Africa| location=Nairobi}}
7. ^{{cite web|accessdate=29 March 2016|first=Ben| url=http://allafrica.com/stories/201308160159.html|date=12 August 2013|title=Rwanda: BCR Rebrands to I&M Bank|last=Gasore |location=Kigali| newspaper=New Times (Rwanda) via AllAfrica.com}}
8. ^1 {{cite web|accessdate=29 March 2016 |date=7 September 2015 |url=https://www.imbank.com/wp-content/uploads/2015/12/PRESS-RELEASE-IM-HOLDINGS-AGREES-TO-PURCHASE-ENTIRE-ISSUED-SHARE-CAPITAL-OF-GIRO-COMMERCIAL-BANK-LIMITED-1.pdf |format=PDF | title=I&M Holdings Agrees to Purchase Entire Issued Share Capital of Giro Commercial Bank Limited|location=Nairobi| publisher=I&M Bank Group|last= Suprio Sengupta|first=and Sanjay Gidoomal}}
9. ^{{cite web| url=http://www.businessdailyafrica.com/I-M-Holdings-in-deal-to-acquire--Giro-Bank--/-/539552/2861732/-/9cegw1z/-/index.html|title=I&M Holdings in deal to acquire Giro Bank |accessdate=29 March 2016| date=7 September 2015 |first=Charles |last=Mwaniki |location=Nairobi |newspaper=Business Daily Africa}}
10. ^{{cite web|url=https://www.the-star.co.ke/news/2017/02/18/im-takes-over-giro-bank-after-successful-acquisition_c1508883 |title=I&M takes over Giro Bank after successful acquisition |location=Nairobi | access-date=3 February 2018 |date=18 February 2017 |first=Weitere |last=Mwita|newspaper=The Star (Kenya)}}
11. ^{{cite web|url=https://www.imbank.com/wp-content/uploads/2016/03/I&M%20Financials%202015.pdf|title=I&M Financials for the Year Ending 31 December 2015|last=IMB|date=31 December 2015|publisher=I&M Bank (IMB)|location=Nairobi|format=PDF|accessdate=29 March 2016}}
12. ^{{cite web|accessdate=29 March 2016|date=31 December 2013|url=https://www.imbank.com/tz/wp-content/uploads/2014/10/I&M%20ANNUAL%20REPORT%20LOW%20RESOLUTION.pdf|format=PDF|publisher=I&M Bank Tanzania Limited (IMBTL)|location=Dar Es Salaam| last=IMBT|title=I&M Bank Tanzania Limited Report and Financial Statements 2013}}
13. ^{{cite web|url = http://www.businessdailyafrica.com/I-M-Capital-licensed-to-run-funds/-/539552/2773194/-/ydqbxu/-/index.html|title = I&M Capital licensed to run funds|date =2 July 2015|location=Nairobi|accessdate =28 March 2016|newspaper= Business Daily Africa|first= Geoffrey |last=Irungu}}
14. ^{{cite web|url=http://gakenya.com/about-us/|title=GA Insurance Limited: About Us|accessdate=29 March 2016|date=29 March 2016|last=GAIL|publisher=GA Insurance Limited (GAIL)| location=Nairobi}}
15. ^{{cite web|location=Nairobi| url=http://www.businessdailyafrica.com/I-M-goes-shopping-again-with-a-Burbidge-Capital-proposal/-/539552/2916204/-/p14c6t/-/index.html|title=I&M to acquire 65 percent of Burbidge Capital|date=16 October 2015|accessdate=16 October 2015|last=Business Daily Reporter|newspaper=Business Daily Africa}}
16. ^{{cite web|url=http://www.businessdailyafrica.com/I-M-Holdings-owners-give-the-nod-for-Burbidge-Capital-takeover/-/539552/3208936/-/g2r8h7z/-/index.html|title=I&M Holdings owners give the nod for Burbidge Capital takeover| accessdate=18 May 2016 |date=18 May 2016 |first=Brian |last=Ngugi |newspaper=Business Daily Africa|location=Nairobi}}
17. ^{{cite web|first=Charles|last=Mwaniki| url=http://www.businessdailyafrica.com/I-M-Holdings-in-deal-to-acquire--Giro-Bank--/-/539552/2861732/-/9cegw1z/-/index.html|accessdate=16 October 2015|title=I&M Holdings in deal to acquire Giro Bank|date=7 September 2015| newspaper=Business Daily Africa|location=Nairobi}}
18. ^{{cite web| url=https://www.imbank.com/about-us/i-and-m-holdings/shareholding/ |title=I&M Holdings Limited Shareholding: Names and level of ownership of significant shareholders who own more than 5% shareholding of the company |date=30 October 2018 | access-date=8 January 2019 |publisher=I&M Holdings Limited | author=I&M Holdings Limited | location=Nairobi}}
19. ^{{cite web|last= IMHL| url=https://www.imbank.com/about-us/directors/ |title= I&M Holdings Limited: Directors |accessdate=29 March 2016 |date=29 March 2016 |location=Nairobi| publisher=I&M Holdings Limited (IMHL)}}
{{Banking in Kenya}}{{DEFAULTSORT:IandM Bank Group}}

7 : Banks of Kenya|Companies listed on the Nairobi Stock Exchange|Companies based in Nairobi|Conglomerate companies of Kenya|Insurance companies of Kenya|Banks established in 1974|1974 establishments in Kenya
随便看

　

开放百科全书收录14589846条英语、德语、日语等多语种百科知识，基本涵盖了大多数领域的百科知识，是一部内容自由、开放的电子版国际百科全书。

　

Copyright © 2023 OENC.NET All Rights Reserved
京ICP备2021023879号 更新时间：2024/11/18 13:18:11