I&M bank hits sh150b BoU capitalization requirement

“As a group, if you look at our performance from June 2021 to June 2022, we have seen our assets grow by over sh70b, year on year. We have also seen our deposits grow," said Sam Ntulume, the bank’s executive director.

Kumaran Pather, the I&M bank managing director. File photo

By: NewVision Reporter, Journalists @NewVision

One year after acquiring Orient Bank, the managers of I&M bank have announced that they have capitalized the bank to the tune of sh150b, boosting the possibility of extending more

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I&M bank
BoU
Capitalization requirement

I&M bank hits sh150b BoU capitalization requirement

“As a group, if you look at our performance from June 2021 to June 2022, we have seen our assets grow by over sh70b, year on year. We have also seen our deposits grow," said Sam Ntulume, the bank’s executive director.

Kumaran Pather, the I&M bank managing director. File photo

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