I&M Group Corporate Performance Highlights slide image

I&M Group Corporate Performance Highlights

The acquisition of Orient Bank Limited was completed on 30th April 2021 M Holdings I&M Group completed the acquisition of 90% of the shareholding of Orient Bank Ltd, Uganda OBL was founded in 1993 and currently is the 12th largest bank in Uganda out of 25 banks. Through the acquisition, I&M Group has acquired additional net loan assets of KES 7.7 Billion and deposits of KES 18.2 Billion The bank has: ✓ A customer base of close to 70,000 ✓ 14 branches ✓ 22 ATMs and; ✓ A staff component of 340 employees Through the execution of the integration plan for the OBL into the Group, the Group expects to gain considerable business and operational synergies. 17
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