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She stated that the proposed N50bn capital raise through private placement was aimed at unlocking new opportunities for financial inclusion while projecting the bank as a leader in Nigeria’s mortgage industry.

“We intend to raise this capital from private individuals, institutional investors, and the investment community to capitalise on new opportunities and strengthen our position as a forward-looking financial institution.

“Our story has been one of dedication, consistency, and a commitment to excellence. We are proud that Infinity Trust Mortgage Bank has maintained a strong track record of profitability and dividend payments, even before it was listed on the NGX,” she stated.

According to Iyana, the funds raised will be deployed to key strategic areas, with 50 per cent earmarked for stability reserves, and 20 per cent allocated to technology investments.

“We are fully committed to embracing technology to enhance our operations and deliver better value to our customers. This includes reducing operational costs and improving returns on investment,” she said.

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