AG Mortgage Bank Grows Assets by 48% to N33bn

AG Mortgage Bank Plc reported a 48% increase in total assets to N33.04 billion in 2025, up from N22.37 billion the previous year. The bank's loans and advances rose 44% to N22.71 billion, while cash and cash equivalents surged 195% to N6.96 billion. Chairman Dr. Abel Amadi stated that the bank would sustain its growth trajectory while maintaining strong governance and risk management. The growth reflects the lender's expansion of mortgage and funding operations amid rising demand for housing finance.

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