Agusto & Co. hereby affirms the “SR3” servicer rating assigned to Infinity Trust Mortgage Bank Limited
The rating expires on 19 January 2024.
Agusto & Co. hereby affirms the ‘SR3’ rating assigned to Infinity Trust Mortgage Bank Plc (“Infinity Trust” or “the Servicer”). The rating is supported by Infinity Trust’s efficient collections and recovery procedures, experienced and stable management team and adequate governance and risk management structure. The rating is, however, constrained by the Servicer’s effective but manual loan and asset administration processes.
Infinity Trust is a national Primary Mortgage Bank (PMB). The Servicer, which is one of the largest PMBs in Nigeria, provides services including the origination and servicing of residential and commercial mortgages and construction loans.