AG Mortgage Bank Targets 20% Return-On-Equity Amid Growing Nigerian Real Estate Market
AG Mortgage Bank PLC is targeting a 20% return-on-equity to enhance shareholder value by expanding its loan portfolio and participating in green sustainable housing initiatives. The bank's strategic blueprint aims to transform into a diversified group offering mortgage financing, housing microfinance, development, insurance brokerage, rental housing services, and more.
With a bullish outlook on Nigeria's real estate sector, AG Mortgage Bank is aligning its goals with the nation's housing vision to empower families and drive long-term economic prosperity. The market intelligence report highlights the massive demand in the residential market, projecting significant growth opportunities in the sector.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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