I & M Holdings Plc (IMH)

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16.95
Previous
 17.00   0.05 (0.29%)
End of day - Jun 07, 2023
 16.90 — 17.00
Intra-day Range
 41,600
Volume
 707,025
Turnover
 15.80 — 21.50
52-week Range
 
Sector:BankingShares Issued:1.65BMarket Cap.:28.11B
Segment:Main Investment SegmentAvg. Vol. (1m):47,120BETA (^NASI)
Year End:December 31Dividend/Share:-Earnings/Share:-
Par Value:0.00 (Ordinary) PE Ratio:-Dividend Yield:%
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About I & M Holdings Plc

I&M Holdings Ltd. operate as an investment holding company. The company subsidiaries are I&M (T) ltd, I&M Realty Ltd and I&M Insurance Agency Ltd The company provides banking, financial and related services through its banking subsidiaries in Kenya, Tanzania, Rwanda and Mauritius. It offers personal and business transaction accounts, recurring deposits, and term and fixed deposits, as well as savings accounts for children; home and car loans; overdraft and term loans; e-commerce payment and salary processing services; trade finance services, including letters of credit, guarantees, and bill discounting services; and insurance premium financing services. The company also provides foreign exchange and fund transfer services, tax payment services, bancassurance, and agency banking services; and investment management services.

The company announced plans to acquire 65 per cent of Burbidge Capital Limited a corporate finance advisory firm based in Kenya and Uganda with a focus on large and mid-sized companies in the region. The Company also reached an agreement to buy out tier III lender Giro Commercial Bank due to similarity in strategy for both banks which is focus on retail and SME. 

 

Jan 16, 2017
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