In order to deliver one million mortgages by 2030, generate a 20% return on equity (RoE) for shareholders, and increase its presence throughout Nigeria’s rapidly changing housing finance ecosystem, AG Mortgage Bank Plc (AGMB) has revealed an ambitious five-year growth strategy. The plan, which is based on Project Momentum 2025–2030, sets up AGMB for a significant transition into a diverse group structure that includes services related to mortgage financing, housing microfinance, real estate development, insurance, brokerage, and rental housing. According to the bank, the strategy is intended to greatly increase its clientele, broaden its lending portfolio, and spearhead Nigeria’s drive for environmentally friendly and sustainable housing.
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