Platinum Mortgage Bank Ltd is one of Nigeria’s leading primary Mortgage Institutions. It was incorporated in 1992 with the Corporate Affairs Commission to provide savings, loans and homes ownership services, and licensed by the Central Bank of Nigeria and the Federal Mortgage Bank of Nigeria under the CBN Decree 24 of 1991 and FMBN Decree No. 53 of 1989 respectively to provide Mortgage Banking Services in Nigeria.
Formally called Platinum Home Investment and Mortgage Limited with Headquarters in Lagos, PMB Limited was recapitalized into a formidable primary Mortgage Institution backed by innovative products, services, latest information technology and requisite professional management.
After the recapitalization and bought over by the new Management, Central Bank of Nigeria gave approval to move the Head office to Abuja as request by the new owners. The Bank opened shop to the public at the new Head Office, Abuja on October 15th 2007.
With an authorized capital of five billion Naira only (N5,000,000,000.00) Platinum Mortgage Bank Limited has repositioned itself to provide excellent home ownership products, including National Housing Fund (NHF) assisted mortgage facilities and retail banking services to our clientele.
Power by a visionary leadership, PMB Limited is poised to provide your dream house through affordable mortgage backed housing scheme – hold sales.
Our objective is to provide about 150,000 houses within the next five (5) years as our contribution the present administration’s housing program for all Nigerians including Nigerians in Diaspora. From a humble beginning of providing 250 units of various house types, accessible through the NHF owner-occupier scheme Mortgage at Lokogoma Abuja, we have packaged another set of over 1,000 applications to the Federal Mortgage Bank covering 5 other projects at Trademore Estate Apo and Lugbe, Minfa Gardens 1 and 2 Lokogoma, Aper Aku Housing Estate Makurdi, Benue state, GraceLand Estate, Makurdi Benue State.
To be the leading mortgage institution in Nigeria with a strong geographical spread
To improve the welfare of Nigerians through the provision of efficient stress-free and quality house delivery services at affordable cost.