Infinity Trust Mortgage Bank PLC 2020 Annual Report with Sustainability Disclosures
The report details the financial and sustainability performance of Infinity Trust Mortgage Bank PLC for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the bank achieved a profit before taxation of N465 million, marking its fifteenth consecutive year of profitability. Key highlights include a 33% growth in loans and advances to N7.118 billion and a 94.5% increase in customer deposits to N3.765 billion. On the sustainability front, the bank touched over 25,000 lives through its corporate social responsibility initiatives, focusing on sports, medical interventions, and educational development. Additionally, the bank expanded its green energy initiative by installing inverter power infrastructure that powers 40% of its head office energy needs.
Company: Infinity Trust Mortgage Bank PLC
Sector: Finance & insurance
Country: Nigeria
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 208
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Infinity Trust Mortgage Bank PLC
Annual Report & Accounts
The report details the financial and sustainability performance of Infinity Trust Mortgage Bank PLC for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic, the bank achieved a profit before taxation of N465 million, marking its fifteenth consecutive year of profitability. Key highlights include a 33% growth in loans and advances to N7.118 billion and a 94.5% increase in customer deposits to N3.765 billion. On the sustainability front, the bank touched over 25,000 lives through its corporate social responsibility initiatives, focusing on sports, medical interventions, and educational development. Additionally, the bank expanded its green energy initiative by installing inverter power infrastructure that powers 40% of its head office energy needs.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
May 20, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees