I&M moves to Tier I on takeover of Giro Bank

I&M Bank branch in Nyeri town. FILE PHOTO | NMG

I&M Bank #ticker:I&M has joined the class of large banks after its market share grew by 0.54 percentage points, driven by new business from its acquisition of Giro Bank concluded in 2017.

Its market share grew to 5.32 percent to rank ninth and surpass the five per cent mark used by the Central Bank of Kenya (CBK) to classify banks as large industry players.

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