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Tag Archives: I&M Bank

FMO lends $20 million to I&M Bank for SMEs

Kampala, Uganda | THE INDEPENDENT | FMO, the Netherlands’ development bank, has extended a $20million senior unsecured facility to I&M Bank Uganda Limited to expand lending to small and medium-sized enterprises (SMEs), a segment widely seen as vital to Uganda’s economic growth but often constrained by limited access to finance. …

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FMO extends $20 million facility to I&M Bank Uganda to boost SME financing

Kampala, Uganda | THE INDEPENDENT | The Entrepreneurial Development Bank FMO has extended a $20 million senior unsecured facility to I&M Bank Uganda Limited to expand financing for small and medium-sized enterprises (SMEs), in a move aimed at strengthening business growth and financial inclusion in Uganda. The financing arrangement includes an initial $10 million senior debt commitment, …

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Innovative banking solutions accelerate cross-border finance as East Africa’s trade and travel grow

Kampala, Uganda | THE INDEPENDENT | Cross-border banking is becoming increasingly central to East Africa’s financial system as rising trade, travel and labour mobility drive demand for seamless regional financial services. Banks across the region are expanding beyond their home markets through branches, subsidiaries and digital platforms to follow customers, …

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I&M Bank launches Sapphire Club to elevate premium banking experience

Kampala, Uganda | THE INDEPENDENT |  I&M Bank Uganda has introduced a new premium banking product, the I&M Select Banking Sapphire Club, designed to deliver an elevated private banking experience for high-net-worth clients. The exclusive launch event, held Friday at the Kampala Serena Hotel, drew diplomats, Buganda Kingdom officials, Bank of …

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I&M bank financing Challenger Uganda’s expansion

Kampala, Uganda | THE INDEPENDENT | Challenger Uganda Limited has attributed its steady growth in the construction industry to flexible financial support from I&M Bank, which the company says has enabled it to meet cash flow needs and expand operations over the past two decades. Founded in 2002 with capital …

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