Under its three-year plan, iMara 3.0, I&M Bank hopes to increase its nationwide presence to 100 outlets by the end of the next year The bank noted that the current expansion drive, which will increase the number of branches to 61, focuses on important economic areas nationwide The lender has been growing its retail appeal by permanently removing fees on transactions from the bank to mobile money wallets like M-Pesa and Airtel Money TUKO.co.ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting and offers profound insights into Kenyan and global economic trends. I&M Bank Kenya intends to open nine additional branches this quarter as part of its efforts to expand its retail banking operations. I&M Bank CEO Gul Khan during the opening of
Tag Archives: Banking
Jan
Most Americans have bank accounts — reliable places to store money that are federally insured, carefully regulated, and generally better than coffee cans full of cash . But some 5 million households don’t have bank accounts. So every two years, the Federal Deposit Insurance Corporation conducts a survey to find out why. Is it a trust thing? A distance thing? A fees-and-service-charges thing? Last November, for the first time, the FDIC reported the results of a new question it added to the survey: Do you use a cryptocurrency like bitcoin instead of a bank? From the start, the dream for crypto has always been “be your own bank.” I’m being a little simplistic there, but bitcoin, ether, and their digital cousins were supposed to be a smarter flavor of money.