LIVINGTRUST MORTGAGE BANK PLC (LIVINGTRUST)

LivingTrust Mortgage Bank PLC – Company Overview

LivingTrust Mortgage Bank PLC

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About the Company

LivingTrust Mortgage Bank PLC, established on March 9, 1993, is a leading mortgage lender in Nigeria. The bank offers a range of services, including mortgage financing, real estate construction finance, and other banking services to individuals, groups, and corporate entities. With a focus on reducing housing deficits, LivingTrust has provided residential mortgage loans to numerous individuals and financed multiple estate development projects across various states.

Leadership Team

  • Mr. Akinwande Ademosu – Chairman
  • Mr. Adekunle Adewole – Managing Director/CEO
  • Mr. Olusegun Olusanya – Executive Director
  • Mr. Oladipo Ajayi – Chief Financial Officer

Corporate Social Responsibility (CSR)

LivingTrust Mortgage Bank PLC is committed to corporate social responsibility through initiatives that promote affordable housing, community development, and financial inclusion. The bank supports various programs aimed at improving the quality of life in its host communities, emphasizing responsible business practices and social impact.

Company Milestones

  • 1993: Incorporated as a Private Limited Liability Company.
  • 2013: Converted to a Public Limited Liability Company and listed on the Nigerian Stock Exchange.
  • 2022: Recorded a turnover of N1.19 billion in the first half, a 79.19% increase from the previous year.
  • 2024: Achieved a 35% revenue increase and a 66% profitability increase in the second quarter.

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