Infinity Trust Mortgage Bank PLC 2023 AR2
The report highlights Infinity Trust Mortgage Bank Plc's financial and sustainability performance for the fiscal year 2023. The company achieved a significant milestone, with both profit before tax and profit after tax crossing the N1 billion threshold for the first time, representing a 42% increase in profit before tax. Gross earnings grew by 38% to N2.9 billion, driven by a substantial expansion of the loan portfolio to N15.3 billion. On the sustainability front, the company continued its workplace recycling initiative, expanded its green energy footprint with solar inverter installations powering 40% of its head office, and reached over 25,000 lives through various corporate social responsibility programs.
Company: Infinity Trust Mortgage Bank PLC
Sector: Financials
Country: Nigeria
Year: 2023
Type: AR2
Pages: 223
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 2023. The company achieved a significant milestone, with both profit before tax and profit after tax crossing the N1 billion threshold for the first time, representing a 42% increase in profit before tax. Gross earnings grew by 38% to N2.9 billion, driven by a substantial expansion of the loan portfolio to N15.3 billion. On the sustainability front, the company continued its workplace recycling initiative, expanded its green energy footprint with solar inverter installations powering 40% of its head office, and reached over 25,000 lives through various corporate social responsibility programs.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees