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Infinity Trust bank disburses N9.91bn mortgage loans to customers

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Mortgage and construction loans from the Infinity Trust Mortgage Bank to its customers rose by 39 per cent from N7.12bn in 2020 to N9.91bn in 2021, The PUNCH has learnt.

Mortgage and construction loans from the Infinity Trust Mortgage Bank to its customers rose by 39 per cent from N7.12bn in 2020 to N9.91bn in 2021,The bank’s 2021 annual report and accounts document obtained by our correspondent shows a steady increase in the mortgage loans obtained from the bank.

Estate construction was N1.30bn, while commercial mortgage was N320.6m. Also, loans to individuals were about N8.39bn, while to non-individuals were about N1.30.

 

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