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Infinity Trust Mortgage Bank Plc (ITMB)

Infinity Trust Mortgage Bank Plc (ITMB)

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Who we are

Infinity Trust Mortgage Bank Plc was incorporated on 28th January, 2002, as Infinity Trust Savings & Loans Limited. However, it commenced business operations in Abuja, in 2003.



For over a decade, our registered trademark - Infinity Homes – has remained a true reflection of our unalloyed commitment towards providing Nigerians with endless opportunities through affordable home ownership.



As part of our strategic turn-around, the bank was converted to a Public Limited Liability Company on 25th January, 2013, and had to change its name to Infinity Trust Mortgage Bank Plc. Consequently, its shares were listed by introduction on the main floor of the Nigerian Stock Exchange on December 11, 2013. In 2014, it became a National Mortgage Bank. Currently, the bank has equity shareholding in the Nigeria Mortgage Refinance Company (NMRC).



Indisputably, one of the leading and most capitalized Primary Mortgage Banks in Nigeria, the bank has significantly increased its shareholders’ funds from less than N50m in 2003, to over N5billion and maintained an unbroken record in terms of consistency in dividend payment to shareholders for nine years running. Infinity Trust Mortgage Bank Plc has wholly or partly financed no fewer than 14 modern estates in Abuja, thereby providing decent and affordable accommodation to over 3,000 Nigerian families.



In recognition of the bank’s excellent financial and corporate governance performance, the Global Credit Rating (GCR), Africa’s number one credit rating agency, recently affirmed Infinity Trust Mortgage Bank Plc’s BB+ credit rating with positive outlook in the long term and A3 with positive outlook in the short term for the 2015 rating year based on its 2014 financial result.



According to its recent rating report, the GCR, which rates about 3000 local and international organisations spanning four continents, stated that ITMB Plc was given the rating due to improvement in the bank’s competitive capacity, brand perception, corporate governance practices and robust financial performance, among other things.


Policy
Our business policy is to run a highly professional Primary Mortgage Bank that is firmly committed to providing the enabling environment for various segments of the society desirous of owning homes and other forms of properties. In taking our decisions, emphasis is placed on keenness of purpose and effectiveness of service delivery at delighting our customers at all times.