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. …
Read More »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, …
Read More »Kabaka Foundation, I&M Bank extend free health services to thousands in Luwero
Luwero, Uganda | THE INDEPENDENT | More than 5,000 residents of Luwero District benefited from free medical care during the recently concluded Tubeere Balamu Health Camp, held at St. Jude Primary School in Kasana, Bulemeezi County, from Tuesday, February 24 to Wednesday, February 26. The health outreach was organised by the Kabaka …
Read More »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, …
Read More »IMBRISK to enable cross-border I&M Bank transactions across East Africa
Kampala, Uganda | THE INDEPENDENT | I&M Bank has introduced IMBRISK, a new transactional banking solution that allows customers to deposit, withdraw, and transfer funds across I&M Bank branches in Uganda, Kenya, Tanzania and Rwanda, regardless of where their accounts are domiciled. The platform enables both new and existing customers …
Read More »UMEAS AWARD: I&M Select Banking Sapphire Club named Best Innovation of Year
Kampala, Uganda | THE INDEPENDENT | I&M Bank Uganda’s Select Banking Sapphire Club has been named Best Innovation of the Year at the fifth Uganda Marketing Excellence Awards (UMEAS), held on Thursday evening at the Kampala Serena Hotel. The award was received by the bank’s Head of Marketing and Corporate Communications, Annette …
Read More »I&M Bank Uganda appoints Rutabanzibwa Lwanga as head of risk, signals stronger governance push
Kampala, Uganda | THE INDEPENDENT | I&M Bank Uganda has appointed Rutabanzibwa Lwanga as its new Head of Risk, marking a strategic move to reinforce governance, controls, and enterprise-wide risk oversight at the growing lender. Lwanga, whose career in Uganda’s banking sector spans more than two decades, is expected to …
Read More »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 …
Read More »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 …
Read More »I&M Bank campaign puts SMEs in the fast lane with pickup truck financing
Kampala, Uganda | THE INDEPENDENT | I&M Bank’s Tukikube ne I&M Bank campaign is gaining traction among small and medium- sized enterprises (SMEs), less than two months after its launch, with entrepreneurs already tapping into the bank’s flexible asset financing solutions. On Tuesday, the bank handed over a brand-new Mitsubishi pickup truck …
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