Infinity Trust Mortgage Bank PLC 2021 AR2
The report highlights Infinity Trust Mortgage Bank PLC's financial and sustainability performance for the fiscal year 2021. The bank achieved a 34% increase in gross earnings to N1.76 billion and a 41% increase in profit before tax to N656.9 million, marking its sixteenth consecutive year of profitability. Total assets expanded by 21% to N16.22 billion, driven by a 39% growth in loans and advances. On the sustainability front, the bank maintained its workplace recycling initiative, expanded its green energy capacity with inverter infrastructure powering 40% of its head office, and reached over 10,000 people through its mortgage literacy and advocacy programs.
Company: Infinity Trust Mortgage Bank PLC
Sector: Financials
Country: Nigeria
Year: 2021
Type: AR2
Pages: 221
Infinity Trust Mortgage Bank PLC
Annual Report & Accounts
The report highlights Infinity Trust Mortgage Bank PLC's financial and sustainability performance for the fiscal year 2021. The bank achieved a 34% increase in gross earnings to N1.76 billion and a 41% increase in profit before tax to N656.9 million, marking its sixteenth consecutive year of profitability. Total assets expanded by 21% to N16.22 billion, driven by a 39% growth in loans and advances. On the sustainability front, the bank maintained its workplace recycling initiative, expanded its green energy capacity with inverter infrastructure powering 40% of its head office, and reached over 10,000 people through its mortgage literacy and advocacy programs.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
May 12, 2022
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 on Board
Workplace Fatalities
Employees