Infinity Trust Mortgage Bank earnings hit N1.005bn in 2018

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Mortgage Rates Remain Near historical lows august 15, 2019. The sound and fury of the financial markets continue to warn of an impending recession, however, the silver lining is mortgage demand reached a three-year high this week. Home Mortgage Interest Rates – May 29, 2019 Interest rates have been slowly rising in May 2019.

Safetrust Mortgage Bank Limited has posted over N2bn in gross earnings for the year 2017. The bank said in a statement that the earnings figure The Chairman, Board of Directors, Safetrust Mortgage Bank, Ayodele Arogbo, while presenting the results at the 2018 Annual General Meeting in.

The Infinity Trust Mortgage Bank (ITMB) Plc gross earnings hit the billion Naira mark for the first time, rising from N833.6 million in 2017 to N1.005 billion in 2018, representing 14 per cent.

Granite Point Mortgage Trust (GPMT) Q2 Earnings and Revenues Lag Estimates. As we already know from media reports and hedge fund investor letters, many hedge funds lost money in fourth quarter, blaming macroeconomic conditions and unpredictable events that hit several sectors, with.

Stock analysis for Infinity Trust Mortgage Bank PLC (infinity:lagos) including stock price, stock chart, company news, key statistics, fundamentals and company profile.

Infinity Trust Mortgage Bank Plc has said its loan portfolio increased by 201 per cent to N3.80 billion in 2018, compared to the N3.10 billion it It gross earnings increased by 14 per cent to N1.005 billion, from N833.6 million in 2017, making it the first time the bank would cross the billion-naira mark.

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Infinity Trust mortgage bank plc (ITMB) was licensed in 2002 and started business operations in 2003, precisely, 15 years ago. Its registered trade mark Infinity Homes is a reflection of the strong desire of the Bank to create endless opportunities for shelter for every category of Nigerians.

Infinity Trust Mortgage Bank Plc, said it was able to grow customer deposits from N1.176 billion in 2017 to N2.467bn in 2018, an increase of 110 per cent, despite the harsh operating environment.