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At a ceremony to mark the transition from Orient Bank to I&M Bank Uganda in November 2021, Suleiman I. Kiggundu, the then Orient Bank Chairman and now I&M Bank Chairman promised stakeholders that the “rebranding of Orient Bank to l&M Bank Uganda, would not only unlock the bank’s potential, but also enable the bank to reach out to more customers within Uganda, and in Eastern Africa as a whole. He also said that the transition would enable the bank to “roll out a more diversified product mix to our diverse target market to meet their financial lifestyle and requirements”. In…
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August 15th is etched in the books of history as the glorious day that India attained Independence. As the Asian nation ushered in its 75th Independence Day, I&M Bank Uganda joined the Lohana community of Kampala and Indian Association Uganda in the momentous celebrations to commemorate the day that were held on Saturday, August 13, at Speke Resort Munyonyo. I&M Bank Uganda started operations in Uganda in November 2021 following the acquisition and rebrand of Orient Bank. The bank boasts of a large number of loyal Indian customers across different segments like Corporate, SME and High Net Worth Individuals among…
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On 8th November 2021, Orient Bank rebranded to I&M Bank Uganda following the completion of the acquisition of 90 per cent shareholding of the Orient Bank by I&M Group Plc. I&M Bank Uganda builds on a foundation and legacy of trust acquired over the last 28 years and most importantly now taps into I&M Group Plc’s 48-year legacy that has seen the group rise to over USD3.6 billion (UGX12.5 trillion) in assets as of December 2021. I&M Group currently operates in 5 countries- Kenya, Tanzania, Rwanda, Uganda and Mauritius as Bank One- a joint venture between I&M Group Plc and…
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