The not too long ago held AG Mortgage Financial institution Plc (AGMB) twentieth anniversary product exhibition showcased the financial institution’s resilience, progress, and dedication to innovation over twenty years, its Chief Government Officer (CEO) stated.
“From our inception, pushed by a daring imaginative and prescient, AG Mortgage Financial institution Plc has developed right into a trusted establishment synonymous with tailor-made monetary options that meet the dynamic wants of people, companies, and full communities,” stated Ngozi Anyogu, Managing Director/Chief Government Officer, AG Mortgage Financial institution Plc.
The CEO additional famous that the twentieth anniversary highlighted the financial institution’s evolution right into a trusted establishment that not solely gives revolutionary mortgage merchandise but additionally performs an important position in driving financial progress and sustainable housing options in Nigeria.
“In September 2025, we proudly celebrated our twentieth anniversary—twenty years marked by unwavering dedication, impactful innovation, and transformative service to tens of millions of Nigerians,” Anyogu added.
The financial institution leveraged the occasion to unveil plans to lift recent capital to scale operations, strengthen its steadiness sheet, and help Nigeria’s housing finance sector.
In 2024 monetary yr, the financial institution’s gross earnings rose by 7 % year-on-year to N3.47 billion, whereas complete belongings expanded to N22.36 billion, up from N21.1 billion in 2023. Additionally, shareholders’ funds grew by 8 % to N6.1 billion throughout the identical interval.
The banks N10 billion capital increase is being pursued via choices to present shareholders, strategic companions, institutional buyers, high-net-worth people, and improvement finance establishments.
The occasion additionally highlighted main emphasis on company values corresponding to Accountability, Godliness, Integrity, Teamwork, Respect, Innovation, and Professionalism (AGITRIP); recognition of AG Mortgage Financial institution as a pillar of hope and a catalyst for change within the Nigerian mortgage sector; partnering with Make investments Africa to increase attain and impression in housing finance, amongst others.
Key highlights of the twentieth anniversary embrace: celebrating twenty years of progress from one department in 2005 to 5 branches and a capital progress from N200 million to N23 billion; financing over 20,000 properties in Nigeria, serving to to deal with the housing deficit; dedication to Challenge Momentum 2025-2030, together with targets to create 300,000 mortgages, develop the shopper base to at least one million, increase capital to N20 billion, and lead inexperienced sustainable housing efforts.
Held at The Continental Resort, Abuja, the place the exhibition was a part of a grand celebration attended by business leaders, clients, shareholders, regulators, and key stakeholders, the occasion included thanksgiving, keynote addresses, and award shows, cultural performances reflecting Nigeria’s variety, and the revealing of over 12 new merchandise tailor-made to fulfill Nigeria’s evolving housing finance wants.
Highlights of the exhibition included the launch of: Sustainability Merchandise targeted on inexperienced financing and ESG-aligned investments supporting Nigeria’s Sustainable Growth Targets; Treasury Merchandise for institutional buyers and firms searching for safe and high-yield devices; Versatile Mortgage Merchandise designed with Nigerian households and companies in thoughts to enhance entry to credit score; and E-Enterprise Merchandise delivering seamless digital transactions and enterprise automation tailor-made for SMEs and entrepreneurs.
These merchandise exemplify AG Mortgage Financial institution’s dedication to monetary inclusion, innovation, and sustainable nationwide improvement.
“Our current landmark product exhibition unveiled a set of revolutionary choices—starting from treasury merchandise designed for institutional buyers, to Sustainability merchandise supporting Nigeria’s inexperienced improvement aspirations, and digital-first E-Enterprise options empowering SMEs and entrepreneurs.
“As we advance in 2025, we’re firmly anchored by Challenge Momentum 2025-2030. This daring strategic blueprint guides our transformation right into a diversified Group Construction encompasses mortgage finance, housing microfinance, improvement, insurance coverage, brokerage, and rental housing providers. Amongst our formidable targets are growing shareholder worth with a 20 % return on fairness, main inexperienced sustainable housing initiatives, and considerably rising our buyer base and mortgage portfolio,” the CEO additional famous.
