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 to providing Nigerians with endless opportunities through affordable homeownership.
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 N12 billion and maintained an unbroken record in terms of consistency in dividend payment to shareholders for fourteen years running. Infinity Trust Mortgage Bank Plc has wholly or partly financed no fewer than 20 modern estates in Nigeria, thereby providing decent and affordable accommodation to over 10,000 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 a positive outlook in the long term and A3 with a 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 organizations 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.
The Bank retained its servicer ratings of Bbb+ and SR3 respectively for the 2019 financial year. The rating showcases the Bank’s strong capitalization, adequate liquidity and funding profile, quality management team, satisfactory asset quality, efficient risk management processes, succession planning at the leadership level, ample business continuity framework, sound collection, and recovery procedures as well as a strong commitment to staff development.
To be the ideal customer focused Mortgage Bank
To be the role model for mortgage businesses through excellent customer service, leveraging the best in technology, abiding by ethical and professional standards while creating shelter and wealth for all stakeholders
Core Values: SWATT
SERVICE EXCELLENCE – to our clients
WEALTH CREATION THROUGH SHELTER – for all stakeholders internal and external
ACE – Industry leader, bringing to bear the highest standards of professionalism and ethics
TECHNOLOGY – employing the best of resource in technology to drive optimum service
TEAM WORK – we know that as a united work-force, we are limitless – Infinity