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.
Platinum Mortgage bank was one of the first Primary Mortgage Institutions to meet the CBN’s Five Billion recapitalisation requirement thereby earning itself the status of a National Mortgage Bank in 2013. Since inception of the bank it has been at the forefront in providing accessible and affordable housing solutions in various parts of Nigeria. In its first five years of existence Platinum Mortgage Bank has financed the development of no fewer than twenty major housing estates across the country and also helped many Nigerians in the low and middle income class to access affordable loans to buy the houses through the National Housing Fund scheme and otherwise.