Infinity Microfinance Bank sees strong growth in lending and deposits
Infinity Microfinance Bank Limited has significantly expanded its lending activities, with its loan portfolio rising 58 per cent. Mrs Clara Oloniniyi, the Chairman, announced these achievements during the bank’s 19th Annual General Meeting in Lagos. The bank also saw a notable increase in profit and customer deposits, reflecting growing customer trust. Shareholders approved a dividend payout following the robust financial performance.
TLDR
- Mrs Clara Oloniniyi reported the loan portfolio grew from N3.89bn in 2024 to N6.1bn for the 2025 financial year.
- Total loan disbursements reached N12.88bn, a 64 per cent increase compared to the N7.87bn disbursed during the 2024 financial year.
- Profit After Tax rose by 90.5 per cent to N634.15m in 2025 from N332.8m in the previous year.
- Customer deposits grew 82.8 per cent, from N1.8bn in 2024 to N3.37bn in 2025.
- Shareholders approved a dividend payout of 7.5 kobo for every 50 kobo ordinary share.
